The European Economy in 2022

In this podcast Frank Heemskerk (European Round Table for Industry), and Ilaria Maselli and Klaas de Vries (The conference Board) discuss some of the key insights from the report “European Business Leaders Adjust Expectations Slightly Downward”. We start with the latest reading of the Measure of CEO Confidence™, and then discuss growth expectations for 2022 and risks that can affect the European economy in the short-term. A key message is that the current struggles of the economy come from the supply side: supply chains under stress, inadequate equipment and emerging labour shortages. The report can be found at this link: https://www.conference-board.org/topics/CEO-Confidence/ceo-confidence-november-2021-report