Confronted with high energy prices, European business leaders hold firm on green transition investments

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Confronted with high energy prices, European business leaders hold firm on green transition investments

International
Pages:17 pages13 min read

Author: Conference Board Inc.

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High energy prices are here to stay, and are seen as the main driver of inflation, and cost.

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The Conference Board Measure of CEO Confidence™ for Europe by ERT appears to be in freefall, hitting an all-time low in the measure’s three-year history. CEO Confidence in H2 2022 falls to a record low of 24, down from 37 in the first half of 2022. The measure was a healthy 63 in the second half of 2021. All three subcomponents of the Measure in H2 2022 are worse compared to six months ago. A reading below 50 reflects more negative than positive responses.

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