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

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.

Widespread use of credit insurance, combined with anti-insolvency support and legislation, has helped insulate many businesses from the more negative economic impacts of the pandemic.

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

A considerable number of German companies still underestimate the risk of payment default in domestic business

The COVID-19 economic downturn has had a great impact on businesses in Italy. The country endured one of the longest and most stringent lockdowns in Europe.

Most businesses in Austria express confidence in 2021 domestic economy

This year’s Payments Practices Barometer survey in Western Europe was conducted during the pandemic downturn.

Businesses polled in France reported working more closely with B2B customers to develop a proactive approach to credit

As with businesses throughout the world, also industry in Eastern Europe has experienced a pandemic battering. The region, however, faces 2021 bruised but hopeful.