More companies expect their tax burden to grow and more say European Union funding will be more difficult to access. SME managers expect the cost of credit to grow.
Just 11% of managers said government measures taken in the first months of the year would improve their companies’ competitiveness.
Of ten business factors gauged for the survey, only planned new hires improved. The percentage of companies that plan to raise headcount rose one percentage point to 23%.
K&H Bank prepared the survey with market research company GfK on March 3-10.
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