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Coface Barometer July 2021: A two-speed world

08/10/2021

18 months after the start of the pandemic, access to vaccination is now the main factor setting the pace of people's daily lives and the global economy. GDP growth forecasts for 2021 have been revised upwards (+5.6%), but this is mainly the result of positive surprises from the United States. These improved growth prospects are reflected in world trade: after a 5% decline in volume last year, Coface forecasts an 11% increase for 2021.

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Corona and the economy

08/03/2021

At the moment, reliable forecasts of how the corona pandemic and the economy will affect the global, continental and national economies are hardly possible. The parameters are changing too fast. Nevertheless, the economists at Coface are of course also observing and analysing the development very precisely.

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Coface reports first-half net income of €123.2m, confirming an excellent start to the year

07/28/2021

Coface reports first-half net income of €123.2m, confirming an excellent start to the year. Turnover: €768m, up 7.4% at constant FX and perimeter.

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China: rising payment risks in construction and energy sectors despite stronger economic outlook

06/29/2021

Coface expects an increase in bond defaults and insolvencies in 2021, especially among sectors that accumulated higher cash-flow risks in 2020 amid a slowdown in credit growth.

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Germany: More insolvencies in the pipeline, despite significant aid

06/23/2021

Insolvencies in Germany dropped significantly in 2020 compared to 2019 - despite the worst recession since 2009.

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Events

04/03/2020

18. Coface Country Risk Conference Vienna

Please mark Tuesday, the 28th of September 2021 in your calendar. This is the date of the Coface Country Risk Conference 2021, which will take place in the Apothekertrakt of Schloss Schönbrunn.

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FURTHER INFORMATION FOR JOURNALISTS
 
Requests for interviews and questions concerning press releases and our company should be directed to:
 
Carina REILE, MSc
HEAD OF MARKETING & COMMUNICATIONS
T. +43/1/515 54-510
E-Mail: carina.reile@coface.com
 
    
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