Last time sentiment was similarly negative was at the pandemic outbreak
Some 57% of European investors in Slovakia deem the economic situation as satisfactory, compared to 76% last year, according to regular surveys of the Slovak-German Chamber of Commerce. They see the biggest risks in weak demand and a tight labor market. Up to 40% of companies are reducing investment plans due to labor shortages and high wage growth. Fully 50% see negative economic outlook, compared to last year’s 26%. The last time sentiment was similarly negative was at the pandemic outbreak.
