Publicat pe 18/11/2019

 

The Chamber of Commerce and Industry of Romania and the Association of European Chambers of Commerce and Industry (EUROCHAMBRES) are pleased to announce the launch of the 27th edition of the EUROCHAMBRES Economic Survey (EES2020)

According to the results based on feedback from 53.000 businesses, the ongoing concerns about domestic sales and exports, as well as labour related challenges are constraining private sector investment and growth.

According to the results gathered by national Chambers in 28 countries, European businesses overall are less optimistic for the year ahead regarding domestic and foreign sales, employment and investments compared to 12 months ago.

 Key findings of EES2020:

• Low domestic demand, lack of skilled workers and rising labour costs are the main challenges businesses identify for 2020. Brexit is lower down the ranking of challenges, but a major concern for Irish and German respondents.
• An increasing number of businesses are worrying about the constantly growing prices of energy and raw materials, notably in France, Germany and some eastern European countries.
• National sales, the size of workforce and investments are expected to slow down slightly.
• Exports are expected to slow down, lowering revenues from sales outside the national market to the lowest value since 2010.
• The general level of business confidence for the year ahead is at its lowest since 2014.

The EES2020 findings will shape EUROCHAMBRES’ recommendations for the new European Commission.

 

Additional information:

• EUROCHAMBRES Economic Survey 2020: Report –
• EUROCHAMBRES Economic Survey 2020: Infographic –