Publications

Heavy dependence on informal labour markets and tourism exacerbates the Covid-19 shock

Asia coped relatively well with the Covid-19 pandemic and an economic recovery is expected in 2021, though with several challenges to trade in the region

Recession softened by fiscal and monetary measures

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.

Despite COVID-induced economic crisis, business confidence remains upbeat moving into 2021.

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

Credit policies remain fairly constant as business continues growth commitments

Most businesses in Austria express confidence in 2021 domestic economy

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

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.

The 2020 forecast downturn in Romania’s economy suddenly accelerated under the lockdown conditions imposed to tackle the COVID-19 pandemic.

Signs of economic stress visible, although business confidence in Belgium remains fairly strong

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

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.

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

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