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World Economic Survey: World Economic Climate Continues to Brighten

Feb 13, 2014

The International Chamber of Commerce (ICC) Ireland has today (13/02/14) welcomed the results of the Ifo World Economic Survey, which indicates that the six month outlook global economic situation remains bright.

Speaking this morning, Ian Talbot, ICC Ireland Secretary General said, “Using a range of indicators, the Ifo has concluded that the world economy will continue to gain momentum in the coming year and particularly that the economic recovery in the euro area will become more marked in the coming months. Given the extent to which Ireland’s recovery is tied to European and global conditions, this can only be good news for Irish businesses.”

“The survey also specifically indicates that Ireland’s economic situation has improved somewhat in the last quarter which is encouraging given that similarly recession hit countries such as Spain and Greece showed little change. While our economy is improving slowly, Government must continue to strive to strengthen our recovery by producing a business environment and creating business supports that will allow all companies, large and small, to continue to grow and create much needed jobs.” he concluded.

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For further information contact Amy Woods, Chambers Ireland on 01 400 4319, 086 6081605 or email amy.woods@chambers.ie

Notes to Editor
About the World Economic Survey
Over 1,120 economic experts from business and academic institutions in 121 countries were surveyed to assess current and expected economic developments. Their answers were analyzed to reach a quarterly figure representative of the current global economic climate. The survey is carried out by the International Chamber of Commerce (ICC) and the Munich-based Institute for Economic Research (Ifo).

About the International Chamber of Commerce (ICC) in Ireland
Chambers Ireland is the official representative of the International Chamber of Commerce in Ireland. ICC is the largest, most representative business organisation in the world. Its hundreds of thousands of member companies in over 120 countries have interests spanning every sector of private enterprise.

A world network of national committees keeps the ICC International Secretariat in Paris informed about national and regional business priorities. More than 2,000 experts drawn from ICC’s member companies feed their knowledge and experience into crafting the ICC stance on specific business issues.

The United Nations, the World Trade Organisation, the G20 and many other intergovernmental bodies, both international and regional, are kept in touch with the views of international business through ICC.

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