Political situation: a missed opportunity
Deloitte Belgian CFO Survey Q3-2010
Following the results of the Belgian elections in June, the second quarter survey marked a signficant increase in the surveyed CFOs confidence in economic and financial policy making. One quarter later – and still no new federal government - confidence in domestic politics has plummeted again to Q3 2009 levels.
For many CFOs a missed opportunity, as a vaste majority see additional room for government action to stimulate the economy.
For most of the surveyed CFOs, the impact of the political situation cannot be underestimated: two thirds of surveyed CFOs report the Belgian political uncertainty will have a negative impact on their businesses.