Confidence among CFOs continues to rise, although they do worry about short tenures and blinkered bosses.
After an unusually warm winter, are Europeans rashly casting off their pullovers and coats and welcoming spring already? This appears to be the case, with the region’s CFOs feeling increasingly sunny, despite a host of reservations.
According to our latest global survey of more than 700 CFOs—conducted in conjunction with RSM Erasmus University in Rotterdam and Duke University in North Carolina—finance chiefs’ confidence in their regional economies grew for the third quarter in a row, reaching a two-and-a-half-year high. In Europe, 48% of the CFOs polled say they are more optimistic about their region’s economic outlook than they were during the previous quarter, the highest reading since the third quarter of 2004. Finance chiefs are even more upbeat about the prospects for their own companies, with 58% expressing more optimism in this poll than in the previous quarter.
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