In addition to our Q3 2020 Country & Sector Risk updates, Coface's Political Risk Index highlights a dual trend: a decrease in the risk of conflict at a global level, but an increase in the risk of political and social fragility.
German companies want to cash in as early as possible, according to the fourth edition of Coface’s survey on corporate payment experience in Germany, conducted in July and early-August 2020, with 753 participating companies located in Germany.
Turnover for the first semester: €725m, down 0.6% at constant FX and perimeter: Client retention and new business achieve record levels, with a positive net production of €33m. First effects of re-pricing are now visible (+0.2%). Revenues from services progress by 7%, including information services up by 13%. Client activities continue to slowdown – a trend expected to continue over the following quarters.
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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