Denmark, whose 'flexicurity model' has created a large number of jobs in recent years, has the most optimistic companies, followed by Sweden, Latvia, Slovenia and Bulgaria (Euractiv, 04/12/2006)
European entrepreneurs see bright future ahead
2007 is looking brighter for the vast majority of European businesses, whose confidence has been boosted by this year’s stronger-than-expected economic growth. However, the benefits are not being felt universally. Brief News : European companies are more confident about the business situation in Europe than in the past six years, according to an annual survey of the Association of European Chambers of Commerce and Industry (EUROCHAMBRES), released on 4 December 2006. The report, which measures the mood among entrepreneurs for the coming year, shows that businesses across Europe believe that both export and domestic sales will improve in 2007, raising overall turnover and fostering optimism about investment and employment. Expectations regarding job creation are more than double what they were in 2006. Nevertheless, a number of countries remain gloomy about business prospects in the year ahead. Hungarian businessmen paint a particularly bleak picture of the country, with negative expectations for employment and turnover. Slovakia, Poland and Greece also remain pessimistic. Denmark, on the other hand, whose 'flexicurity model' has created a large number of jobs in recent years, has the most optimistic companies, followed by Sweden, Latvia, Slovenia and future member Bulgaria. Pierre Simon, President of EUROCHAMBRES, said: "Optimistic entrepreneurs should not be let down!" He urged EU ministers to "address key issues that can sustain the positive trend in Europe", including: Published: Monday 4 December 2006 | Updated: Tuesday 5 December 2006