ECONOMY

More CEOs see a silver lining

Company executives are expressing optimism again after a long time now that the political uncertainty has ended, according to the General Index of the Economic Climate compiled from a survey carried out by the Association of Chief Executive Officers and ICAP.

The index has climbed to 96 points after the second quarter of the year, posting a small rise from the previous quarter. Data analysis shows a small rebound in confidence in small, medium-sized and large companies, but a steep decline in the very large ones.

Almost nine out of 10 CEOs (87 percent) are expressing optimism about Greece remaining in the eurozone while two out of three believe that a year from now the number of their employees will be the same or greater than today.

While in Q1 43 percent of CEOs said they expected the country?s financial state to deteriorate further in the next 12 months, this has now declined to 37 percent. The survey was conducted between June 19 and July 2 on a sample of 2,340 CEOs and general directors at the country?s biggest enterprises.