Coface News – Business Insolvencies in Europe
With the Government giving more businesses the green light to start operating again, Coface explore the latest implications of the pandemic on European economies. They examine how trade risk during the pandemic can be influenced by a customer’s country, their trade sector and their current financial position.
The economic consequences of the COVID-19 pandemic are of an unprecedented scale in Europe. Many European countries have temporarily amended the legal framework of default procedures to deal with the crisis.