In our latest Focus on the United States, Coface's North America economist, Ruben Nizard, analyzes the economic legacy that President Joe Biden's administration must now manage.
閱讀更多
In France, the number of corporate insolvencies in January 2021 fell by 38% year-on-year – exactly the same drop as in 2020. Although the economic & health crisis has not affected all sectors the same way, insolvencies have fallen significantly across the board. However, taking into account government support measures and the drop in turnover by sector, insolvencies in France should have risen by 6.5% in 2020. Learn more about 2020’s “hidden insolvencies” in our Focus.
閱讀更多
Normally, insolvencies rise when the economy contracts. Yet, in 2020, insolvencies fell in all major eurozone economies. It is safe to assume that government support is keeping many fragile firms alive – are we therefore seeing the “calm before the storm”, with a wave of insolvencies around the corner?
閱讀更多
The COVID-19 pandemic’s negative impact on global GDP growth and trade volumes caused a sharp decline in oil prices. Coface expects oil prices to remain volatile in the upcoming quarters. Read our forecasts in our latest Panorama.
閱讀更多
The fifth edition of Coface’s survey on corporate payment experience in Poland was carried out in November 2020, with 330 companies participating in the study, by Grzegorz Sielewicz, Coface Economist for Central & Eastern Europe.
閱讀更多
New edition of the country risk map. Consult, download and print the map of the 162 countries assessed by Coface.
閱讀更多
13 major sectors assessed worldwide. Coface assessments are based on 75 years of Coface expertise and on the financial data published by listed companies from 6 geographical sectors. 5 financial indicators are taken into account: turnover, profitability, the net debt ratio, cashflow, and claims observed by our risk managers.
閱讀更多
In spite of a gradual recovery, political risks are on the rise.
閱讀更多
In spite of a gradual recovery, political risks are on the rise
閱讀更多
13 major sectors assessed worldwide. Coface assessments are based on 70 years of Coface expertise and on the financial data published by listed companies from 6 geographical sectors. 5 financial indicators are taken into account: turnover, profitability, the net debt ratio, cashflow, and claims observed by our risk managers.
閱讀更多
COVID-19 and its effects on the global and German economy is the predominant topic of this fourth edition of Coface’s survey on corporate payment experience in Germany.
閱讀更多
Despite the COVID-19 pandemic, the renewables segment of the global energy sector has continued its ascension.
閱讀更多
More payment delays alongside COVID-19 for Dutch companies
閱讀更多
The COVID-19 crisis has triggered a discussion on increasing supply chain resilience to foreign supply shocks.
Before the pandemic’s arrival in Europe, a lockdown of factories that temporarily suspended manufacturing in China put the supply of intermediary goods at risk. In order to limit such risks, supply chain managers are likely to diversify their sources of supply.
閱讀更多
The COVID-19 pandemic has triggered a mobility crisis, mainly because of physical distancing requirements and the necessity to avoid confined spaces, in order to limit the virus’ propagation. This has had a disastrous impact on the global transport sector, with air passenger transport being the most affected segment.
閱讀更多
The COVID-19 pandemic has hit the United States (U.S.) very hard, inflicting a heavy human and economic toll.
閱讀更多
科法斯年度《亞太區企業付款調查》評估了亞太地區九個經濟體的企業付款行為。
閱讀更多
Spain and Italy will be amongst the economies hardest hit by COVID-19, contracting by 12.8% and 13.6% respectively in 2020, according to Coface’s forecasts. Taking a closer look at the health of Spanish and Italian corporate balance sheets should help identify pockets of vulnerability where widespread defaults are more likely to materialize.
閱讀更多
The economic consequences of the COVID-19 pandemic are of an unprecedented scale in Europe. The twin supply-demand shock has resulted in the halting of production (at least partially) in many companies as employees cannot go to work and in a fall in consumption because of mobility restrictions. The decline in revenues has deteriorated companies’ cash positions, fostering an increase in payment delays – and, ultimately, payment defaults.
閱讀更多
From a massive shock to a differentiated recovery
閱讀更多
