Paul van Gerven
19 August 2019

Asked about the economic climate in which they operate, more Dutch tech companies answered that it has worsened than that it got better, a survey by industry association FME shows. The sentiment had been in decline for several quarters, but it’s the first time in six years that it’s this negative. The trade war between China and the United States clearly is taking its toll on the European industry, though uncertainties surrounding Brexit and concerns about the Italian budget contribute as well.

FME COEN_web
On balance, entrepreneurs in the Dutch tech industry expect their production to drop this quarter. It increased quite healthily in Q2. Credit: FME