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INSOLVENCIES IN FRANCE: +22,000 BUSINESSES LEFT DANGLING

04/06/2021

January 2021 continued the trend seen in 2020 in terms of business insolvencies as the number of insolvencies fell by 38% year-on-year – exactly the same decline as in 2020.

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Diversification is one of the many effects of oil price volatility on Middle Eastern and African oil producers

03/17/2021

The COVID-19 pandemic’s negative impact on global GDP growth and global trade volumes has caused a sharp drop in oil prices in the spring of 2020. This price drop, even if temporary, has affected Middle Eastern and African oil exporters differently, in line with their national output’s dependence on oil, as well as their fiscal strength and international reserves. Although Coface expects oil prices to average USD 60 per barrel in 2021, their volatility will remain a challenge for producing countries.

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Poland: Payment delays between companies shorten during the pandemic

02/26/2021

The year 2020 was marked by the COVID-19 pandemic. In order to mitigate the impact of this difficult economic situation on Polish companies, various liquidity-supporting aid measures were introduced, such as tax and contribution exemptions and deferrals. As a result, despite the extensive economic crisis, payment delays between companies have shortened – however, with these aid measures are to be phased out in 2021, two thirds of companies expect their business activities to deteriorate this year.

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Coface Barometer Q4 2020 - An uneven recovery

02/22/2021

In its latest quarterly Barometer and on the occasion of the publication of the country and sector risk guide, Coface highlights an uneven recovery across countries, sectors of activity and income levels.

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