Sunday April 5, 2020

Bosses still downbeat on economic prospects

Most Irish chief executives do not expect any growth in the economy this year or next, according to a survey which highlights the continuing challenges facing businesses.

28th May, 2011

Most Irish chief executives do not expect any growth in the economy this year or next, according to a survey which highlights the continuing challenges facing businesses.

Just 16 per cent of company bosses are favourable about the outlook for the economy this year, while 88 per cent do not expect the economy to return to growth until 2012 or later.

Weak consumer demand, lacko f finance and the overall economic situation were cited as negative factors by...

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