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Greek leaders are optimistic about the economy

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Greek leaders are optimistic about the economy

Look much more optimistic about the course of the economy managing directors of Greek companiesas of Q4 2022 o general economic climate index (EACE/ICAP CRIF-CEO overall index) was 157 points from 137 in the third quarter of 2022. The rise in the index reflects faith in a gradual normalization in the global energy market and optimism about the development of the pandemic, events that will restore the economy to a growth trajectory.

At the same time, however, 52% of executives believe that inflation-driven interest rate increases will lead to new bad loans, and 68% expect a moderate increase in inflationary pressures in 2023. It is noted that the survey was conducted on a sample of 2,540 general managers. largest Greek companies from Society of Senior Executives (SSE) in collaboration with ICAP CRIF. The studies were carried out in the period from 12/16/2022 to 01/03/2023.

The index of the current economic situation in the country showed a new rise to 204 points (from 181 in Q3 2022), but remained below the corresponding quarter of 2021 (257 points). The index of the current economic situation in the sector in which enterprises operate rose to 183 points from 170 in the previous quarter. The index of current financial condition of companies rose to 122 points from 114 points in the previous quarter. The index of current expenditures on investment in fixed assets rose to 129 points from 120 in the previous quarter. The current employment index improved to 120 points from 113 in the previous quarter.

Author: newsroom

Source: Kathimerini

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