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Most businesses in Austria express confidence in 2021 domestic economy

This year’s Payments Practices Barometer survey in Western Europe was conducted during the pandemic downturn.

Businesses polled in France reported working more closely with B2B customers to develop a proactive approach to credit

As with businesses throughout the world, also industry in Eastern Europe has experienced a pandemic battering. The region, however, faces 2021 bruised but hopeful.

Businesses in Turkey are currently well-placed to rebound in 2021, although much hinges on how well the country manages both the health and economic impacts of COVID-19 through the year end.

The 2020 forecast downturn in Romania’s economy suddenly accelerated under the lockdown conditions imposed to tackle the COVID-19 pandemic.

Credit policies remain fairly constant as business continues growth commitments

2020 has been a time of unprecedented uncertainty for businesses in the Netherlands, and 2021 still poses many unanswered questions

Signs of economic stress visible, although business confidence in Belgium remains fairly strong

A rather modest economic rebound expected in 2021 after a marked slowdown