Economic outlook for 2020/21: Defending growth at all costs
2019 has been marked by record high uncertainty and two recessions. However, a broader based recession has been avoided thanks to swift and sizeable monetary policy reactions. What should we expect now for 2020 and 2021?
Euler Hermes Global Insolvency Index: Insolvencies to rise in 4 out of 5 countries in 2020
Global bankruptcies are still on the rise, implying higher export risks: this is the conclusion of the latest Global Insolvency Report by Euler Hermes, which covers 44 countries and 87% of global GDP and provides the last update of its Global Insolvency Index.
Euler Hermes to partner with fintech startup Moment
Euler Hermes, world leader in credit insurance, is pleased to announce its partnership with Moment, an invoice-based insurance platform against late payment, enabling small businesses to be paid on due date.
COP25: Companies will need to invest USD 2.5tn to comply with intensifying climate regulation
As the COP 25 conference opens in Madrid, greenhouse gas emissions are still rising (+2.0% pa in2018) despite 1500 climate change laws enacted all over the world. Efforts need to be stepped up by a factor of five according to the United Nations Environment Programme (UNEP).
Global trade to grow at its slowest pace in a decade and no hope for sizable improvement
Higher uncertainty and higher global tariffs are taking a toll on trade: In 2019, the volume of global trade of goods and services should grow at its slowest pace in a decade (+1.5%). As a result, exporters are likely to see USD420bn in losses this year, according to Euler Hermes’ latest Global Trade report: “Trade Wars: May the Trade Force be with you in 2020 and beyond”.
Euler Hermes releases today the first edition of its proprietary “SMЕ Businеss Climаtе Index” (SMEB). It assesses the business environment for SMEs in 13 selected economies: the U.S., Canada, Germany, France, UK, Ireland, Netherlands, Belgium, Poland, Czechia, Slovakia, Hong Kong, Singapore.
Rising costs cause concern for SMEs amid global uncertainty, according to latest international study
Findings of the research, based on a survey of more than 2,300 SMEs in 13 countries across Asia, Europe and North America, show that two-fifths of businesses (42%) believe rising costs and overheads are their greatest challenge. Government regulation (36%) and cashflow (32%) were also cited in the top three concerns in 2019.
