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25/01/2022
Country risk

All the News

07/01/2022
Country risk

Outlook 2022: peering through the jungle of economic news

Coface ventures perilous predictions for 2022 on the world economy and a specific focus on Germany.

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05/01/2022
Corporate news, Products news

Coface launches "GlobaLiner", its new service offer designed to better meet the needs of multinational companies.

GlobaLiner supports the development of multinational companies with faster contract issuance and greater control over local insurance policies.

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04/01/2022
Country risk

Examining the euro, 20 years on

To mark the 20th anniversary of the euro’s introduction into European wallets, Coface's economic research team has examined the effects that this change has had in macroeconomic terms.

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03/11/2021
Country risk

U.S.Economy: an infrastructure package to support the recovery [#ExpressEco]

In the past 18 months, the US congress authorised more than 25% of GDP in spending to respond to the COVID-19 pandemic

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19/08/2021
Corporate news

One unpaid bill... one company insolvency can trigger a chain reaction

For every business that collapses, an average of ten more suppliers will feel the financial shock of a bad debt on their cashflow which leaves them unable to pay creditors and staff. In this way, the failure of one business can start a chain reaction.

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14/04/2021
Country risk

Coface report looks at China and Australia’s trade relationship

The China-Australia bilateral relationship deteriorated sharply over 2020, with China imposing trade restrictions on a number of Australian exports. But there are growing concerns that an escalation of bilateral tensions will see China hardening its stance towards Australia.

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06/04/2021
Country risk

United States: Stimulus plan paves the way for record trade deficit

As the world's largest importer, and second largest exporter of manufactured goods, the United States has had a trade deficit since the early 1970s. Using an analysis based on historical estimates of a potential trade balance, Coface estimates that the deficit could grow by 56 billion dollars as a result of the stimulus plan.

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14/01/2021
Corporate news, Country risk

Attend our 25th Country Risk Conference 8-10 february

This year at our Country Risk Conference: 3 round tables to embrace the new business risks in a post-covid world.

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24/11/2020
Corporate news

Coface commits to LGBT+ inclusion by signing L’autre cercle’s Commitment Charter

Coface has signed the LGBT+ Commitment Charter of L’autre cercle, an association that promotes greater LGBT+ inclusion in the workplace.

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24/09/2020
Corporate news

From Nomination to Finalist – Coface UK’s Abbie Sandford’s delight

Abbie Sandford, National New Business Manager for Coface UK, has been shortlisted as a finalist for the prestigious Women in Insurance Awards 2020 in the category of ‘Young Insurance Woman of the Year (small to medium firms)’.

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16/09/2020
Corporate news

Trade Credit Insurance Explained - with examples

Credit insurance gives you essential cover against credit risks such as non-payments or late payments. If a customer doesn’t pay, you can simply claim against your insurance policy.

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23/07/2020
Country risk

Post-pandemic production relocation: an opportunity for CEE countries?

Foreign trade and inclusion in supply chains had already increased in recent years, supported by EU membership by most CEE (Central and Eastern European) countries in 2004.

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16/07/2020
Country risk

Global Transport: What does the future hold beyond COVID-19?


The COVID-19 pandemic has triggered a mobility crisis, mainly because of physical distancing requirements and the necessity to avoid confined spaces, to limit the virus’propagation. This has had a disastrous impact on the global transport sector, with air passenger transport being the most affected segment.

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09/07/2020
Country risk

United States: Two-speed business bankruptcies

As the COVID-19 epidemic hits the United States very hard, Coface forecasts in its baseline scenario that the country's GDP will contract by 5.6% in 2020, before rebounding by 3.3% in 2021. Nevertheless, this forecast is threatened by the resurgence of the outbreak in several states, which are already pausing or even reversing the resumption of activity after the extensive lockdown of April.

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01/07/2020
Country risk

Asia Corporate Payment Survey 2020: COVID-19 will overturn last year’s incipient recovery

After a 2019 that was dominated by trade tensions between the United States and China, Coface has observed an incipent recovery in Asia (excluding China), supported by supply chain shifts and additional liquidity from the US Federal Reserve.

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01/07/2020
Corporate news

Coface finalises the acquisition of GIEK Kredittforsikring AS

Coface announces the closing of the acquisition of GIEK Kredittforsikring AS, a company that manages a short-term export credit insurance portfolio.

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26/06/2020
Corporate news

It’s never been more important to really know your customers

The Government has given more businesses the green light to start operating again but many are short of cash. If you want to be confident about trading on credit terms, it is essential to fully understand how the pandemic has affected your customers’ risk profile. This Coface blog explains how trade risk during the pandemic can be influenced by a customer’s country, their trade sector and their current financial position.

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24/06/2020
Country risk

Are corporate balance sheets in Spain and Italy ready for the COVID-19 shock?

Although the second quarter of 2020 is shaping up to be the most challenging period of the year, there are now good reasons to think that the road to recovery will be long and arduous. Despite immediate tax deferrals, liquidity guarantees, it is likely that many firms will find themselves in difficulty.
According to Coface forecasts, Spain and Italy will be among the economies hardest hit by COVID-19, contracting by 12.8% and 13.6% respectively in 2020. Corporate insolvencies are expected to increase by 22% in Spain and 37% in Italy by 2021, relative to 2019 levels. For 2021, Coface forecasts that Spain and Italy’s GDP will rebound by 10.2% and 8.9%, leaving the economies 3.9% and 5.9% below 2019 levels.

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16/06/2020
Country risk

Business insolvencies in Europe: amendments to legal procedures temporarily postpone due dates

Many European countries have temporarily amended the legal framework of default procedures to help companies deal with the crisis, postponing growth of insolvencies in Europe.

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08/06/2020
Country risk

From a massive shock to a diversified recovery

A few weeks after the first containment easing measures, economic activity seems to be picking up in most European countries. However, about two months after China, this gradual and partial recovery will not erase the effects of containment on global growth.

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