Global Capital Confidence Barometer finds optimistic Greek economic outlook

Greek company execs seem to have gradually overcome reasonable worries of previous months

Greek company executives are cautiously optimistic concerning the Greek economic outlook. In its 13th Global Capital Confidence Barometer held in 53 countries it was found that 53% of Greek businessmen expect the Greek economy to improve or remain stable, while 52% expect corporate profits to improve.

The survey recorded the highest levels of takeover mood in its six-year history. Enterprises in Greece appear to focus more on growth (55% from 20% in April) and less on cutting spending (29% from 51% in April). People were markedly more optimistic over new job creation (39% from 19% in April).