All the leading indicators point to a sharp slowdown in activity in North America and the Eurozone towards the end of the year, and the recovery of the Chinese economy has rapidly collided with structural weaknesses and a lack of confidence among households and businesses. In this context, we have modified 7 country risk assessments (2 upgrades and 5 downgrades) and 33 sector risk assessments (17 upgrades and 16 downgrades). More in our latest barometer.
Despite challenges we detail in our latest publication, the payment behaviour has - counter-intuitively - improved over the years in the metals sector according to the results of our annual Germany payment surveys.
Egyptian importers have encountered growing issues in obtaining foreign currency to settle their foreign suppliers. Read our news to know more.
Coface releases its 9M-2023 financial results and records excellent income of €189.7m in the first nine months amidst slowing inflation and claims normalisation. Annualised ROATE at 14.1%