Despite already posting the highest proportion of uncollectable receivables in the region, Greece’s average rose to 2.8% in 2018 from
Category: Eurozone

Germany: late payments leading to revenue loss
Of the Western European countries surveyed, Germany had the second highest percentage of respondents (24.7%) who reported revenue loss due

Brexit: A blind date is better than a bad breakup
The cost of uncertainty regarding Brexit could be as much as -0.1pp of GDP growth per quarter between now and

Hungary: the most inclined to offer credit terms
In 2018, respondents in Hungary reported a significant increase in DSO and that the proportion of uncollectable B2B receivables also

Bulgaria: delays caused by insufficient funds
Of the Eastern European countries surveyed, Bulgaria had the highest DSO and 19.8% of respondents expect another slight increase over

Brexit effect already being felt in UK-EU trade
Pound sterling depreciation in the aftermath of the Brexit referendum in June 2016 has had significant impacts on UK-EU trade

EDC helping Quebec SMEs expand into European markets
The first of its kind, Fonds Transatlantique capitalizes on the Canada-European Union Comprehensive Economic and Trade Agreement. Today, Export Development

EU-Mexico Modernized agreement
Chair of the International Trade Committee Bernd Lange (S&D, DE) said: “I welcome this political agreement between two important economies. It sends

Insolvency forecasts March 2018
The global economy is in a sweet spot of broad-based economic growth and low interest rates, but we expect this

BREXIT and the UK Auto Industry
The effects of a “hard” Brexit will be decisive for the innovation capacity and competitiveness of the British automotive industry.
