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The pandemic-induced economic challenges fed into the payment delays and write-offs that have impacted the key markets we polled in the Netherlands this year.

Forecasts anticipate Ireland’s growth in 2022. However, a large proportion of the businesses polled in the country expressed a note of caution. Unknowns over the pandemic are still many.

Greece should see GDP return to pre-pandemic levels by the end of 2022. However, this brighter outlook appears to be clouded by businesses' sense of caution over long-term after-effects of the crisis.

German GDP is forecast to rebound this year, enjoying a more robust acceleration by year-end 2022. However, late payments across industries cast a cloud over this outlook.

Late payments are a widespread issue among businesses we polled in France. Reportedly, higher use of credit insurance will help them mitigate the impact of trade credit risk on the business.

The results of this year's Payment Practices Barometer for Denmark point to industries wrestling with poor payments behaviour.

In response to deteriorating payments behaviour over the coming months, businesses polled across Belgium focus on taking steps to protect their business from the impacts of customer credit risk.

This year’s Payment Practices Barometer survey reveals that Austria is working hard to overcome the economic impacts of the pandemic. A few indicators were particularly concerning for businesses.

Although the chemicals industry contracted slightly during the pandemic recession, new opportunities are opening up, driven by shifts in customer demand and new technologies.

Residential construction remains the main driver of growth