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Monday, January 24, 2022

Greek CEOs more optimist over economic and business prospects

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Greek CEOs are more optimistic over developments in the economy and their company. The CEO General Index of economic sentiment rose to 188 points in the third quarter of 2021 despite concern over the impact of rising energy cost on economic recovery.
Τhe current status index also rose to 179 points and the CEO expectation index rose to 197 points in the third quarter.

The percentage of CEOs saying that the country’s current economic situation deteriorated eased to 5% from 15% in the previous quarter, while the percentage of CEOs expecting the economic situation to improve next year rose to 78% (85% for CEOs in the services sector).

Greek CEOs are also more optimisic over fixed capital investment prospects (the relative index rose to 136 points from 124 the previous quarter), while the current employment index rose to 117 points from 108 points, respectively.

The Association of CEOs, ACEO, in co-operation with ICAP Group, has created the CEO Index, a new index which surveys the opinions and expectations of business executives from all sectors of the Greek economy.

The survey is conducted on a quarterly basis, and the results are published every January, April, July and October. The survey aims at recording the opinions and short-term expectations of CEOs regarding the overall financial situation, their own company and their company’s operation sector.

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