Politics

CEE: Insolvencies Declining But Larger Effect

Published: January 23, 2014; 14:59 · (Vindobona)

The number of insolvencies in Central and Eastern Europe (CEE) is declining. However, the individual insolvencies are becoming larger, as reported by French credit insurer Coface.

CEE: Insolvencies Declining But Larger Effect / Picture: © Flickr

According to assessments by the French credit insurance company Coface, the exposure value of credit risk exposures outstandings has increased dramatically in 2013: by 80 percent. In total, insolvencies have become much larger and effect major enterprises. “The small and medium-sized companies (SME) are becoming more and more efficient with their budgeting,” Katarzyna Kompowska,…

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CEE: Insolvencies Declining But Larger Effect

The number of insolvencies in Central and Eastern Europe (CEE) is declining. However, the individual insolvencies are becoming larger, as reported by French credit insurer Coface.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.