Deloitte CFO survey: Q3 2011
Making strides amid international turmoil?
The Deloitte CFO Survey is the only survey to garner the views of CFOs of major Irish based companies in relation to financial markets, economic outlook and business trends on a quarterly basis.
The events of Q3 2011 have continued this year's trend of volatility and unpredictability both at home and abroad.
Continued fiscal uncertainty in the Eurozone has been met with inaction by the major European economies resulting in volatile markets, regular downgrading of sovereign nation’s debt within the Eurozone and a dawning realisation by global powers that this crisis in Europe, centred on Greece, may just be enough to bring the entire global economy over the edge into a double dip recession.
Key highlights from this quarter’s survey include:
- The effectiveness of the coalition's Programme for Government
- The crisis surrounding household mortgage debt
- Concerns about the availability and cost of credit
- Market risk - which continues to be the most pressing issue for respondents
||Shane Mohan, partner T + 353 1 417 2543|