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The highest percentage of the suppliers interviewed in Hong Kong (42%) reported that domestic B2B customers pay invoices late due to liquidity issues.
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Regaining investors’ trust will be key to Fernández’s success in reinvigorating the Argentinian economy, but it is not the only thing.
Cyprus's economy is on solid ground but crisis legacies persist.
Ireland’s highly open economy is cooling off and demand in export markets is set to remain weak while the domestic economy faces increasing capacity constraints and lower government spending.
Economic growth in Spain is expected to be strong this year (2.3%), although slightly lower than last year.
In 2019, another 4% increase is expected in Swiss insolvencies.
Another 3% increase in insolvencies, following those recorded in the past couple of years, is expected this year in Sweden.
This year, Austria’s economic expansion is expected to decelerate to around 1.5%, due to weaker exports, decreasing investment and lower industrial production growth.
Economic growth in Denmark is forecast to increase to 2% this year.
Economic growth in Belgium is expected to slowdown to 1.2% this year and in 2020.
Economic growth in Greece is projected to reach approximately the level of 2% in 2019 and 2020.