• 28-FEB-2013

  • Europe

  • SOURCE: PricewaterhouseCoopers LLP

European business leaders focus on building resilience, growing their customer base and improving operational effectiveness in the face of continuing economic uncertainty

Dealing with Disruption European Perspective Cover
Against the background of an uncertain and volatile global economy, European business leaders' confidence remains constrained by concerns over short term growth prospects. Only 27% of European CEOs say that they are very confident about growth prospects in the next 12 months, compared to 36% globally. Pursuing business opportunities requires confidence in the future, and when the European CEOs were asked about their confidence in relation to revenue growth for the next three years, they were more upbeat with just over a third (34%) saying they are very confident – but again well below the global average of 46%.

The PwC economic projections show that Australia, Japan, North America and the more resilient members of the European Union, including Ireland, are anticipated to show gradual signs of recovery over the period.