Publikace

The coronavirus pandemic and an oil price slump are a double blow to economies in the Middle East and North Africa

More businesses in Slovakia reported a negative impact on profitability than anywhere else in Eastern Europe.

Prior to the pandemic, trade credit was used in more than 80% of B2B sales in the Czech Republic. After the virus brought most of the world to a standstill, this plummeted to about 50%.

Despite a massive increase in overdue receivables due to the pandemic, Polish industry is largely upbeat about the outlook for 2021.

COVID-19 and the following recession have had a significant impact on economies throughout the world. Greece was not the exception.

Despite negative impacts of the pandemic, businesses in Ireland remain upbeat

Late payments have surged by more than 80% in the UK following the onset of the pandemic and the subsequent recession

Credit policies remain fairly constant as business continues growth commitments

The economic growth that Bulgaria had been enjoying last year stalled with the onset of the COVID-19 induced recession. Ongoing economic challenges are causing stress for Bulgaria-based businesses.

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.