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Deloitte Reports CFOs are Concerned About Trade Barriers

Europe’s chief financial officers are staying bullish in the face of political shocks. Sixty-five percent of 1,148 CFOs from 17 countries expect their revenue to grow in the next 12 months, an increase of 2 percentage points from the first quarter, according to a survey published by Deloitte on Tuesday. That’s despite 67 percent experiencing a high level of financial and economic uncertainty in the wake of the Brexit vote, Donald Trump’s U.S. election win and potential populist upsets in French and German elections next year.