Survey: Four out of five CFOs expect no recovery until 2011

Almost four out of five (78%) Chief Financial Officers (CFOs) of major Irish companies believe that the economy will not significantly recover until 2011, according a Quarter 4 (Q4) 2009 survey carried out by Deloitte

This is compared with 69% in Q3 2009. Similarly, more than half (52%) do not expect their company to fully recover until 2011.