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A rebound is expected for the Greek economy in 2021, but downside risks remain

Having drawn from the expertise of Atradius Collections' local offices, the International Debt Collections Handbook explains the different regulations and procedures for debt collections in Belgium.

Having drawn from the expertise of Atradius Collections' local offices, the International Debt Collections Handbook explains the different regulations and procedures for debt collections in Sweden.

Due to the Covid-19 pandemic many countries in Sub-Saharan Africa faced severe downturns this year, resulting in an unprecedented regional economic contraction.

Global corporate insolvencies are forecast to increase by 26% in 2020 as the coronavirus pandemic pushes the world economy into recession

A major insolvency increase expected, and further lira depreciation would increase pressure on the highly indebted corporate sector

Steep recession stressing revenue and profits of businesses in many sectors

A strong rebound forecast in 2021, but several downside risks remain

The economy is under strain due to low oil prices and bleak global growth prospects

The expected economic contraction is lower than Eurozone average

The repercussions of coronavirus have hit an already weakening economy.

The repercussions of coronavirus have hit an already weakening economy.

A major downturn in domestic demand expected in 2020.

After a weak performance in 2019, the Thai economy is facing major challenges this year, as exports and tourism have severely declined

The annual survey of B2B payments behaviour in the USMCA reveals a huge rise in the total value of long overdue invoices

Pandemic-induced cash flow pressure on US businesses is reflected by widespread deterioration of B2B customer credit risk

Additional time is needed to fully assess the economic impact of the COVID-19 pandemic on the Canadian economy

It is difficult to pin down predictions over the ultimate impact of the Covid-19 pandemic on the Mexican economic system

The economic contraction will deepen and last longer, while a debt restructuring settlement has not yet been reached

The economic contraction will lead to a sharp increase in business insolvencies.

The rapid spread of Covid-19 across the globe is taking a heavy economic toll on both advanced and emerging economies. Lockdowns reduce consumption opportunities and create supply-side shocks.

A recession in 2020 despite massive stimulus measures.

Business performance and credit risk has deteriorated in all main industries in India, thus worsening the insolvency outlook this year.

The impact of pandemic on its main export destinations is putting pressure on the external trade flows of Taiwan’s export reliant economy.

Like all economies around the world, the UAE is dealing with an unprecedented disruption of business activity and tourism

The global economic downturn triggered by the coronavirus pandemic has severely affected Indonesia’s economic performance.

Hong Kong businesses strengthened their credit risk management processes in order to better handle the risk of liquidity constraints due to the pandemic-induced economic crisis.

In the current challenging economic times, it is essential for Chinese businesses focus on strengthening their customer credit risk management and debt collection processes.

Singapore’s economy is strongly dependent on international trade and highly integrated in the Asian supply chain. This makes it highly vulnerable to changes in the global trading environment

A deep recession remains a downside risk.

The oil price has plummeted since the beginning of 2020 as the coronavirus is negatively affecting demand, while oil producers are entangled in a price war.

Total investment in domestic construction decreased 4% in 2019.

Lower global trade, ongoing trade policy uncertainty, less demand from China and the ICT downcycle have an immediate impact on Singapore's export-driven economy.

Construction is a significant contributor to the Australian economy, accounting for 8.1% of GDP.

Construction activity decreased towards the end of 2019 against the backdrop of weaker economic growth and political issues (shifting Brexit deadlines and a snap general election in December).

According to Statistics Poland, output of construction and assembly works increased 2.6% in 2019.

Dutch construction contributes approximately EUR 70 billion to, and accounts for 4.5% of GDP.

According to the national association of construction companies (ANCE), in 2019 construction investment increased 1.7% year-on-year, to about EUR 130 billion.

Growth of French GDP is expected to slow down further in 2020, and the outlook for the construction sector is rather subdued across all major segments.

Despite low confidence and modest 1.2% GDP growth in 2019, the construction sector performed quite well in terms of volume, and value added increased more than 2%.

Over the past years construction investment and valued added grew at a faster rate than GDP, benefitting from robust economic growth in Spain, increased foreign investment and low interest rates.

The coronavirus outbreak arrives at a time when global growth is already expected to slow and negatively impacts growth and insolvencies.

The herculean task of restructuring Argentina's debt is underway but the risk of a disorderly default remains high.

Despite increasing clouds on the horizon, there remain several bright spots for export opportunities in emerging markets.

US economic growth started to slow down last year, with GDP expected to expand 2.3% in 2019 and 1.7% in 2020.

Andrés Manuel López Obrador of the the leftist Morena party governs with a strong political mandate, as a Morena-led coalition has a majority in both houses of Congress.

As in 2019, Canada´s GDP growth is expected to remain below its long-term trend in 2020 due to sluggish domestic demand and lower export growth.

A hard Brexit and an escalation of EU-US trade disputes are downside risks for export-dependent food companies in the olives/olive oil and meat segments.

In the food retail sector smaller and independent businesses are struggling to remain profitable due to fierce competition and high price pressure.

Food sales growth continues, and the economic impact of the USMCA agreement on consumers and food supply chains is expected to be relatively small.