Over half of Polish CFOs positive about the future - report

As much as 55 percent of Polish chief financial officers (CFOs) believe that economic forecasts for their firms are positive for the upcoming 12 month period, a survey by Grant Thornton and Euler Hermes showed. "Usually, chief financial officers are best placed to predict the markets and they are able to predict future economic conditions. Last year they were optimistic and they were right. I hope it will be the same this year," said Jan Letkiewicz, managing partner at Grant Thornton. Only 5 percent of CFOs expressed contrary opinions about the near future. Last year, they were slightly more skeptical, as 52 percent of them thought the following year would be successful for their companies and 6 percent were pessimistic concerning the prospective 12 month period.