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Global CEO Survey

January 20, 2015

A fresh study by PricewaterhouseCoopers has gauged the mood among executives all over the world. It shows that bosses in the Asia-Pacific region look to the future with the greatest confidence.

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CEOs at a table debating a business plan
Image: Fotolia/pressmaster

In its latest Global CEO Survey, consulting firm PricewaterhouseCoopers said Tuesday optimism about future economic developments prevailed mainly among executives in the Asia-Pacific region.

There, 45 percent of those polled believed the global business environment would improve tangibly in the course of the year.

The PwC study, published ahead of this year's World Economic Forum in Davos, Switzerland, said 37 percent of top management in North America were of the same opinion.

The situation in Europe was assessed as far less optimistic, with only 16 percent of respondents reckoning with an economic pickup in 2015.

Germany a tower of strength?

Bucking the trend on the Continent, a third of the German executives polled appeared upbeat about this year's economic prospects.

That coincided with the recent findings of the Munich-based Ifo think tank, which saw business confidence go up in the country.

In its 2015 outlook, the research institute forecast 1.5-percent growth for the national economy this year, revising an earlier estimate of just 1.2 percent. Ifo said the pickup would be based on strong consumer confidence fueling domestic consumption.

hg/sgb (Reuters, AFP)