Euler Hermes Aktuell
News on Global Economic Crisis
The financial and economic crisis is causing acute distress to companies all around the world. Company failures are on the rise almost simultaneously worldwide. This means that there is a steep rise in the risk of suffering bad debt losses for German companies too. Good management of their receivables, based on the most recent information available, is more important than ever against this background.
As the leading German credit insurer we have far-reaching knowledge of the country and sector risks. And we want to pass this on to you as fast as possible and as soon as we know it on this website.
Country Risk Weekly Bulletin
Hamburg, 17 March 2010
Country Risk Weekly Bulletin published:
Thailand: Large-scale anti-government protests are taking place in Bangkok again ...
Colombia: Congressional elections held last week-end ...
Ukraine: Parliament has formed a new three-party coalition government ...
Israel: GDP data have been revised upwards, showing 0.7% growth overall in 2009 ...
Togo: Demonstrations and protests indicate that political fractions are continuing to contest the result of recent presidential elections ...
India: The manufacturing and services sectors continue to perform well ...
Brazil: Real GDP in Q4 advanced by 2% ...
Download Bulletin dated 17 March 2010 (PDF)
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Sector Reports
- Furniture Industry - increasing deterioration:
Number of insolvencies decreased by 38,3% in 2008. Due to negative economic trend insolvencies will rise again in 2009. - Electrical Industry - In the maelstrom of economic slump:
After a downturn of company crashes in 2006/7 by 10,8% respectively 24,2% the favorable economic trend proceeds in 2008. Significant deterioration is due for 2009 as a consequence of economic slowdown.
Download report furniture industry (german)
Download report electrical industry (german)
More sector reports
German Export
Wiesbaden 10 March 2010
German exports in January 2010: +0.2% on January 2009
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Insolvencies 2009
Wiesbaden 9 March 2010
11.6% more business insolvencies in 2009
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Transport
Wiesbaden 5 March 2010
Rail Transport 2009: Quantities down by –15.9%
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