The business insolvency paradox in Europe: Miracle and mirage


Normally, insolvencies rise when the economy contracts. Yet, in 2020, insolvencies fell in all major eurozone economies. It is safe to assume that government support is keeping many fragile firms alive – are we therefore seeing the "calm before the storm", with a wave of insolvencies around the corner?

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Insolvencies in France: +22,000 businesses left dangling


In France, the number of corporate insolvencies in January 2021 fell by 38% year-on-year – exactly the same drop as in 2020. Although the economic & health crisis has not affected all sectors the same way, insolvencies have fallen significantly across the board. However, taking into account government support measures and the drop in turnover by sector, insolvencies in France should have risen by 6.5% in 2020. Learn more about 2020’s “hidden insolvencies” in our Focus.

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United States: Stimulus plan paves the way for record trade deficit


As the world's largest importer, and second largest exporter of manufactured goods, the United States has had a trade deficit since the early 1970s. Escalating trade tensions - in particular with China - and the COVID-19 pandemic, which disrupted trade flows have affected the trade balance in recent year. The trade deficit has reached a record level of over 900 billion USD in 2020.

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Attend our 25th Country Risk Conference 8-10 february


This year at our Country Risk Conference: 3 round tables to embrace the new business risks in a post-covid world.

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Coface Barometer Q4 2020 - An uneven recovery


In its latest quarterly Barometer and on the occasion of the publication of the country and sector risk guide, Coface highlights an uneven recovery across countries, sectors of activity and income levels.

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Post-pandemic production relocation: an opportunity for CEE countries?


Foreign trade and inclusion in supply chains had already increased in recent years, supported by EU membership by most CEE (Central and Eastern European) countries in 2004.

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  • At Coface South Africa, we value the role of the broker channel in the business community.
    Brokers can add value to the relationship they have with their clients, by educating them on credit management issues such as how to avoid the problems of bad debt and late payment, thereby giving clients an opportunity to secure and grow their business.
    We respect this broker-client partnership and believe it is the route through which we can best make companies aware of our services.

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