YPO: Short-term business outlook weakens among EU business leaders
(Thomson Reuters ONE) -
LONDON - 28(th) October 2014 - After a nine-month run at its highest level in
the five-year history of the YPO Global Pulse survey, CEO sentiment in the
European Union dipped 2.5 points over the third quarter of 2014 to a cautiously
optimistic 60.0. Confidence in Germany, the region's biggest economy, fell 4.5
points to 54.0 on the heels of a second-quarter economic contraction, while the
United Kingdom dipped 2.3 points to 68.4, erasing most of its gains of the
previous quarter.
http://www.ypo.org/site/wp-content/uploads/2014/10/europe_3q14.jpg
"The slight decline in EU business sentiment over the past three months is not
surprising when you consider the international events that have unfolded in that
time," said Anastasios Economou, managing director of iGroup and an executive
member of YPO's Greater Europe Chapter. "However, the small magnitude of the
move as well as the fact that most of it was attributed to short-term
expectations indicates that the outlook of CEOs in the region about the
prospects for their businesses has not changed much. The focus is on much needed
structural reforms in Europe and the expectation that the current geopolitical
instability will not be long-lived."
Sentiment among business leaders in most EU countries became slightly less
positive over the third quarter. Beyond the dips in Germany and United Kingdom,
Spain and Italy slipped 1.2 points and 1.7 points, respectively, both to their
lowest levels all year. Of the major economies, only France enjoyed an increase
in confidence, landing at 54.7, up from the anaemic level of 52.0 registered in
July.
YPO Global Pulse Confidence Index
The quarterly electronic survey, conducted in the first two weeks of October,
gathered answers from 2,431 chief executive officers across the globe, including
295 in the European Union. Globally, the YPO Global Pulse Confidence Index edged
down 0.8 point on moderate declines in most regions, remaining in optimistic
territory at 63.2. Visit www.ypo.org/globalpulse for more information about the
survey methodology and results from around the world. A more detailed version of
this release may be found at www.ypo.org/news-media/press-releases/.
About YPO
YPO (Young Presidents' Organization) is a not-for-profit, global network of
young chief executives connected through the shared mission of becoming Better
Leaders Through Education and Idea Exchange(TM). Founded in 1950, YPO today
provides 22,000 peers and their families in more than 125 countries with access
to unique experiences, extraordinary educational resources, access to alliances
with leading institutions, and participation in specialised networks to support
their business, community and personal leadership. Altogether, YPO member-run
companies employ more than 15 million people around the world and generate US$6
trillion in annual revenues. For more information, visit www.ypo.org.
# # #
Contact:
YPO (Young Presidents' Organization)
Michèle Foster
+33 6 8494 9788 (Europe)
press(at)ypo.org
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Source: Young Presidents? Organization, Inc. via GlobeNewswire
[HUG#1865728]
Unternehmensinformation / Kurzprofil:
Datum: 28.10.2014 - 07:00 Uhr
Sprache: Deutsch
News-ID 347297
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Kategorie:
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