The survey also showed that for CFO Council members in Europe:
• 93% of those surveyed see modest improvements to global economic growth in 2014 and only 7% see modest declines
• 60% are planning modest increases to their spending plans in 2014; 33% have stable spending plans and 7% modest declines
• 47% are not worried about rising interest rates in 2014.
The CNBC Global CFO Council was recently expanded to include members from Europe and Asia Pacific. The CFOs represent companies with a total market capitalization of $800 billion for Europe and Asia Pacific.
The elite group, which represents public and private companies from a wide array of different industries, are able to present a global and regional picture of the state of the economy and market sentiment. Council members share their frontline insights and unique views on the key issues and challenges facing today's corporations and the broader business community.
Following the successful launch of Council in the Unites States, the new members make on-air contributions throughout the year to CNBC's flagship morning programme Squawk Box on its regional TV networks in EMEA and Asia-Pacific and online at cfocouncil.cnbc.com.
A full list of the CNBC Global CFO Council members can be found here.
- ENDS -
For more information please contact:
Hugo Foulds, Director of Communications, EMEA
D: 44 (0)20 7653 9398
Valerie Martinez, Manager of Communications, Asia Pacific
D: 65 6326 1123
The survey of CNBC Global CFO Council was conducted between 29th November – 4th December 2013 amongst 26 members in Europe and Asia Pacific. The CNBC Global CFO Council collectively manage around $800 billion in market capitalisation.
CNBC is the leading global broadcaster of live business and financial news and information, reporting directly from the major financial markets around the globe with three regional networks including CNBC in Asia, CNBC in EMEA and CNBC in the US. CNBC.com is the preeminent financial news source on the web, featuring an unprecedented amount of video, real-time market analysis, web-exclusive live video and analytical financial tools. CNBC is dedicated to CEOs, senior corporate executives; the financial services industry and private investors. The channel is available in more than 395 million homes worldwide. CNBC is a division of NBCUniversal.