Deloitte's Business Sentiment Index for Poland down by 16pts q/q to 118pts.

By bne IntelliNews October 27, 2011
Poland, which historically has had the most optimistic executives of the countries surveyed in Deloitte's Business Sentiment Index, reports a significant fall in sentiment with its composite index now down by 16 points to 118, the same level as when the Index's publication started two years ago, advisory Deloitte has said in a report. The survey shows that 62% of Polish managers expect the economic situation to deteriorate slightly, while 31% of them see no major changes, and 7% expect an improvement. The surveyed was carried out among directors of 185 biggest firms in Poland, the Czech republic, Slovakia, Romania and Hungary, from mid-August to mid-September, 2011. Overall, executives in Central Europe have lost confidence in any sustained recovery in the region due to the European sovereign debt crisis and inertia in the EU, Deloitte concluded.

Deloitte's Business Sentiment Index for Poland down by 16pts q/q to 118pts.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EC refers Poland to court for delay on renewable energy rules.

The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more

ZEW Economic Sentiment Indicator for Poland surges to 42.9pts in February.

The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more

FinMin: Poland to inject EUR 5.5bn of FX reserves to ECB upon euro-zone entry.

When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more

Follow Us On

Most Read

  1. Iran vs Israel: Who is better equipped for war?
    5 days ago
  2. Saudi Arabia to scale back plans for Neom city
    9 days ago
  3. BREAKING: Iraq, Syria and Jordan close airspace amid Iranian strike on Israel
    5 days ago
  4. PANNIER: Caspian military drills that exclude Russia and Iran have some people in Moscow asking questions
    6 days ago
  5. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    5 months ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    20 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    24 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. UBN: Russia could take the Baltic states in 48 hours
    29 days ago
  5. BRICS announce a blockchain-based payment system to create a common currency
    22 days ago

Reports

Dismiss