Improvement of Economic Sentiment Index in the second quarter of 2016
• An increase of the economic climate index among CEOs was recorded in the second quarter of 2016, reflecting uncertainty on the course of the evaluation of the reform program and the CEOs’ concern of the economic impact of the proposed measures to increase the tax burden.
• Six out of ten CEOs are divided that the new institutional framework for the Receivables Management of loans and credits will have an impact on the economy, a Party considers that it would have a positive effect and the other one believes that the effect will be negative . At the same time, almost six out of ten CEOs believe that the next 18 months there will be new opportunities and demand for qualified employees in the domestic labor market , but to a small extent .
The general economic indicator (ACEO / ICAP-CEO General Index) stood at 123 units in Q2 2016, as recorded by the quarterly research conducted on a sample of 3.020 CEOs / General Managers of the largest Greek enterprises by the Association of Chief Executive Officers (ACEO) in collaboration with ICAP Group. The survey was conducted from 15/06/2016 to 30/06/2016.
The Press Release and the full study is only available in Greek.