Did you know that a pope once referred to Austria as an “Island of the Fortunate”? Well, 48 years later, corporate creditors will certainly agree. Welcome to Austria, where bills get paid faster than anywhere else in Europe. In fact, 75% of companies settle their invoices within 57 days –...
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In 2018, global insolvencies confirmed their upward trend which started in 2017 after seven consecutive years of sizable declines. Indeed, our Global Insolvency Index which covers 43 countries totaling 83% of global GDP is to post a +10% y/y increase for 2018, an estimation supported...
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The photo above shows exactly the competitive edge of China – "a lot of people". China is the second largest economy in the world and as such, its economic and trade environment is always at the focus of economists. Recently however, China has found itself even more...
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General Outlook On August 14th, Turkish Lira plunged to an all-time low of 1 USD = 6.95 TRY, losing more than 40% value since the beginning of the year. Since early 2018, financial markets began to sanction vulnerable emerging markets amid an ongoing withdrawal of global liquidity,...
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Spain has a new leader but many analysts believe he will not stay in power until the end of his mandate, potentially raising further uncertainty for the market. [vc_separator type="transparent"] Pedro Sanchez, the leader of the Socialist Party (PSOE) became prime minister on the 2nd of June....
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Discover the last publication of changes in number of Insolvencies, year over year by Atradius for 2018 and 2019 highlighting 4% decline in insolvencies across advanced markets in 2018 (5% for Eurozone following a decline of 6.7% in 2017). The expected global decrease of insolvencies for...
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