➦ Poland Payment Survey 2024: shorter payment delays amid improving economy
The latest study on payment behaviour in Poland reveals a reduction in average late payments to 46.2 days thanks to the improvement in the economic situation, driven in particular by the recovery in household consumption. Although certain sectors such as transport and textiles continue to face difficulties, the outlook for 2025 is encouraging, with economic growth expected to strengthen further.

➦ Made in China. How China can deal with its industrial overcapacity
Production overcapacity is not a new phenomenon in China, but this time it concerns a greater number of products. This variety makes oversupply more difficult to control, and the shortfall in the domestic market will have to be made up by other means. Discover which ones in our study.

➦ More restrictive credit terms and much longer payment delays in Latin America
The latest edition of the Coface’s survey on payment behavior in Latin America highlights a strong dual trend. On the one hand, there has been a tightening of credit conditions and, on the other, a significant increase in the length of late payments. At a time of global economic challenges, and with growth in the region set to remain weak in 2025, these results raise concerns about the financial stability of Latin American businesses.

➦ From monetary pivot to fiscal turnaround?
The global economic recovery is mixed: while the US is heading for a soft landing, the eurozone and China continue to face uncertainties. In this context, Coface has adjusted its assessments for 5 countries and 17 sectors, reflecting a scenario of stabilized global growth in 2025, albeit below potential. Download our October 2024 Barometer now.

➦ Electric vehicles: is Europe still in the driver’s seat? Competition between China and Europe in an age of mobility transition
The EU voted to ban new internal combustion engine car sales by 2035, aiming for carbon neutrality by 2050.

➦ A less global village? World trade in the age of geopolitical fragmentation
World trade is in transition, with the end of the ‘global village’ era and stagnation in its share of global GDP. Geopolitical upheavals, from Ukraine to the Middle East, are driving fragmentation, while ‘friend-shoring’ redirects trade based on alliances. Connector countries are rising, and new trade routes are emerging, but major powers like the U.S. and China remain deeply interdependent. Globalization is reorganizing to adapt to rising protectionism.

➦ Increased payment delays for French businesses, amid growing social and political risks
Coface survey on payment behavior shows a lengthening of the average payment period, while 85% of companies have also experienced payment delays, with the majority indicating that they are longer and more numerous than in 2023. This deterioration in payment behavior is reflected in a further rise in insolvencies, which have now stabilized at much higher levels than in 2019 and 2023.

➦ Germany Corporate Payment Survey 2024: Simmering under the lid
The 8th edition of Coface’s survey on corporate payment experience in Germany shows that the payment behaviour of German companies remains stable. However, this observation shouldn’t reassure considering the growing credit risks out of accumulated overdue payments.

➦ France: Hung parliament raises uncertainty
Following the snap legislative elections called by President Emmanuel Macron on June 9th and held on July 7th, no party was able to secure an absolute majority in the National Assembly (289 seats), ushering a period of uncertainty and instability for France’s governance.

➦ La Niña takes over El Niño: a favorably cooler weather, but many unknowns
The second half of 2024 is expected to be marked by the appearance of La Niña. This phenomenon, whose extent and consequences remain uncertain, is likely to cause weather changes in multiple parts of the globe.

➦ Will the Turkish economy benefit from the authorities’ U-turn towards greater orthodoxy?
Can Türkiye benefit from the sharp depreciation of the lira?

➦ Country and Sector Risks Barometer: Turbulence ahead?
Our global growth forecast for 2024 has been upgraded to 2.5%, with stabilization expected at 2.7% in 2025. Moderate growth in the US and China should be offset by acceleration in several emerging countries.

➦ Asia: Overall improvement but worsening payment behavior in textile and construction
The Asia Corporate Payment Survey, conducted by Coface between December 2023 and March 2024, provides insights into the evolution of payment behaviour and credit management practices of about 2,400 companies across the Asia Pacific region.

➦ Biotechnologies: Europe struggles with China-US rivalry
Despite the importance of the sector in Europe, the continent is losing ground to the United-States and China.

➦ CEE Insolvency Study 2024
Economic downturn brings the increase of company insolvencies

➦ The proliferation of coups d’État in Africa: towards a new, more unstable era?
Since 1952, coups d’État have been less widely dispersed geographically and increasingly concentrated in the Sahelian strip