Economy: Top managers look more optimistically at the German economy
An exclusive survey shows growing optimism among decision-makers. Confidence in the federal government's ability to reform is also increasing. A turning point?
A survey of 5000 C-level executives in Germany by Civey has found that their outlook on the economy has improved, with nearly a third expecting economic growth in the next 12 months, up from 16 percent in June. The proportion of executives rating the overall economic situation in Germany as negative has decreased from 77 percent to 68 percent.
However, most executives remain dissatisfied with the work of the federal government, although trust in its ability to implement reforms has grown, with nearly a third now believing it can do so, up from 17 percent in June. The biggest challenges facing companies are domestic issues, including bureaucracy, energy prices, and regulatory requirements.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
