In May 2015, the IMF highlighted India as “one of the bright spots in the global economy”, mainly due to more effective policies and the end of political uncertainty. Coface expects the country’s GDP growth to reach 7.5%. But to what extent have Modi’s reforms contributed to the recent pickup in growth? Are the improvements in the economy without risks?
With TradeLiner, Coface will soon be offering companies in 98 countries comprehensive services to protect their business activities in the event of the insolvency or late payment on the part of buyers: prevention of non-payment, collection of unpaid invoices and indemnification, if collection fails or takes longer than expected to complete.
Coface Insolvency Monitor for Central and Eastern Europe: Economic perspectives improved but corporate challenges remain06/01/2015
Companies in Central and Eastern Europe have experienced turbulent times over the last few years. Economies were challenged by the contraction of private consumption, due to rising unemployment and the ongoing deleveraging process. They were also affected by the double dip recession of their main trading partner, the Eurozone. 2014 was a year of improvement for most CEE economies.