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EUROCHAMBRES Economic Survey 2016: slow recovery

2016 growth perspectives are improving, but at a slow pace, with businesses still underlining domestic demand, general economic conditions and labour costs as the main challenges for the year ahead. These are some of the main findings of the 23rd annual EUROCHAMBRES Economic Survey (EES), based on autumn feedback from 59.000 business in 26 countries.

External factors and reforms

EES2016 reveals the tangible effect that the weaker Chinese economy is having on some of the EU’s leading export countries. Results also confirm that the Russian economic crisis is having a strong bearing on several eastern and central European countries that depend on exports to and investments from this major trading partner. Structural reforms seem to be having a positive effect in several EU member states, but the results stress that considerable progress is still needed in Cyprus and Greece. Despite geopolitical tensions and crises in certain Emerging Market Economies, the domestic demand, employment and export sales indicator forecasts suggest a strong positive reaction to lower oil prices and Euro depreciation.

EUROCHAMBRES Secretary General Arnaldo Abruzzini reacted to the findings: “The overall results are encouraging and improvements in sales and employment indicate that the post-crisis reform agenda is having a positive effect. But it also highlights businesses’ ongoing caution, as well as their sensitivity to currency fluctuations and geopolitical tensions.”

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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