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Demand for Belgian machines and engineering businesses is still affected by the difficulties some major buyer industries are facing (e.g. construction).

The machinery sector mainly suffers from a massive decrease in public and private investments, especially in the construction and oil/gas sectors.

Payment behaviour has been good over the last two years and the number of payment delays, defaults and insolvencies is expected to remain low in 2016.

The Swedish machinery industry has shown several years of positive development. Machinery production is expected to grow 2.3% in 2016 and 0.9% in 2017.

US machinery businesses related to the oil/gas or the mining segments are affected by lower capital spending on purchasing machinery and equipment.

The French chemicals sector continues to grow in 2016, but high labour costs and strict regualtions remain a burden and global competition is strong.

Lower GDP growth of 2.5% in 2016 and government budget hit by lower oil price. Public spending is curbed in order to trim the high budget deficit.

Weak economic situation and uncertain outlook as the security situation remains tense. Inflation is high and the business sentiment remains subdued.

A modest economic rebound expected in 2016, but fiscal consolidation remains difficult. Jordan remains heavily dependent on foreign donors support.

In 2016 economic growth will decrease to 3% due to less agriculture output and decreasing exports. In 2017 GDP is expected to rebound again, growing 4.5%.