Businesses Worldwide See 2017 With Optimism, But Not in Greece

Businesses worldwide are optimistic about 2017, while only Greek entrepreneurs have a very bleak view of the new year, a Grant Thornton survey shows.

The survey was conducted with the participation of 2,600 entrepreneurs in 37 countries. In all countries except Greece, businessmen see 2017 as a year when the period of economic uncertainty ends and growth is in the horizon.

The Grant Thornton International Business Report (IBR) shows that, worldwide, at the end of the 4th quarter of 2016, the optimism of entrepreneurs is 38%.

This is an increase of 5 percentage points compared to the third quarter of 2016, the highest level recorded since the third quarter of 2015. In the U.S. optimism has increased from 43% to 54% and a similar trend is observed worldwide .

Similar increases in optimistic outlook have been recorded and in two other very large economic blocs in the world, China (30% to 46%) and the EU (from 28% to 34%).

In Greece, however, the mood remains pessimistic, with the optimism of Greek entrepreneurs amounting to -56% for the fourth quarter of 2016, the second highest rate of pessimism recorded in Greece over the last two years.