Euro Elite 2023: Annual survey finds the 100 leading firms across more than 40 jurisdictions still in a strong position
Overview – Elite Level: annual Euro Elite report finds the continent’s leading independents still in a bullish mood
Our annual Euro Elite survey finds the 100 leading firms across more than 40 jurisdictions still in a strong position, despite a potentially bleak outlook for 2023.
According to the European Central Bank, economic growth slowed considerably in the third quarter of 2022, as strong effects from the post-pandemic reopening and easing supply chain disruptions were tempered by lower consumer confidence and high inflation. This high inflation, uncertainty and weak consumer and business confidence is predicted to slow economic growth from 3.4% in 2022 to 0.5% in 2023. But, as energy markets rebalance, supply bottlenecks resolve and foreign demand strengthens, growth is expected to recover to 1.9% in 2024 and 1.8% in 2025. Continue reading “Overview – Elite Level: annual Euro Elite report finds the continent’s leading independents still in a bullish mood”
Euro Elite 2023: France – Pretty good year
Activity levels bounced back in France in 2021 after the initial impact of the pandemic and this recovery continued apace in 2022.
‘2022 was the best year,’ says Henri Savoie, who heads the public law and regulatory practice at Darrois Villey Maillot Brochier. ‘2023 will be more normal,’ he warns, pointing out that ‘companies will be active, but they will be cautious. It is a trend.’ Continue reading “Euro Elite 2023: France – Pretty good year”
Euro Elite 2023: Southern Europe – Hanging on
Euro Elite’s Southern Europe contingent comprises firms from the highly competitive Israeli and Greek markets, all of which have been required to weather a substantial storm after several years of heightened activity.
Israel has long been known for its enterprising market of tech and life science start-ups, and recent years have seen the industry riding high with premium valuations and US public listings. That has changed in the last 12 months, as inert public markets and global economic conditions saw the well of capital begin to run dry. Continue reading “Euro Elite 2023: Southern Europe – Hanging on”
Euro Elite 2023: Main table