CEOs in central Europe to be biggest optimists: PwC

According to the PwC report "CEO Survey", CEOs of companies in Poland and central and eastern Europe are less pessimistic in assessing economic development than the rest of the world. About 43 percent of them expect a slowdown, while 24 percent even a growth.

As Adam Krasoń, the president of PwC, noted, at the dawn of the new decade, business leaders declare a record pessimism in assessing the development prospects of the global economy. As many as 53 percents of them predict slower economic growth in 2020, most in North America, Western Europe, and the Middle East. For comparison, in 2019 this indicator was 29 percent, and in 2018 - only 5 percent.

According to the report, the percentage of CEOs predicting faster economic growth fell from 42 percent worldwide in 2019 to 22 percent. In 2020 in central and eastern Europe this indicator dropped from 38 percent to 24 percent.

(PAP)