Quasi 8 aziende su 10 registrano ritardi di pagamento nella prima parte del 2026, nonostante condizioni di pagamento più brevi. Quasi il 70% delle imprese prevede un miglioramento della propria performance nel resto dell'anno

Almost 8 out of 10 companies reported late payments in the first half of 2026, despite shorter payment terms. Almost 70 per cent of businesses expect their performance to improve over the rest of the year

Almost 8 in 10 companies reported late payments in the first half of 2026, despite shorter payment terms. Almost 70 per cent of businesses expect their performance to improve over the rest of the year

In Latin America, companies are facing liquidity pressures and more payment delays

2026 looks set to be another challenging year due to sluggish growth among key European partners, trade tensions and renewed geopolitical uncertainty

Coface: ‘Made in Italy’ stands firm in the face of trade wars and instability

Global insolvencies are expected to rise by 6 per cent this year, more than double the initial estimates. In Italia, the increase is more moderate, whilst the United States, France and Japan top the list

Coface: the number of insolvent firms is rising. 2026 forecasts revised upwards

Beijing currently manages to avoid a major supply impact thanks to the energy mix, but rising costs put pressure on company margins

Coface, China resists Hormuz closure but shocks on production costs

Beijing currently manages to avoid a major supply impact due to the energy mix, but rising costs put pressure on company margins.

The closure of the Strait of Hormuz has drastically reduced the global supply of aviation paraffin of which around 20% is dependent on Gulf countries, triggering a price spike. In Asia and Europe jet fuel more than doubled compared to pre-war levels

Coface, the air force pays the bill for the war in the Middle East

One in eight professions exceeds the 30 per cent threshold of automatable tasks. The most at risk are engineering, IT, finance, law, administration and creative professions. Italia is less exposed than other countries thanks to its manufacturing and commercial structure

Labour: Coface-Oem, with AI more exposed white-collar workers than blue-collar workers

The closure of the Strait does not only impact the rise of oil and gas. Among metals, aluminium is the most at risk

Coface, with Hormuz blockade at risk

If the conflict is prolonged, it is a threat to the global economy. De Martinis: 'It is not just an oil price issue but a warning sign for anyone operating in international supply chains'

Coface, with escalation in the Middle East risks well beyond energy shock

Coface's social and political risk index reaches an all-time high, surpassing the peak at the time of the pandemic The resilience shown so far by the world economy is accompanied by an increasing complexity of risks

Coface, corporate insolvencies increase worldwide. Long-term effects from tariffs

Country Risk Conference returns, experts discuss global economic challenges and emerging risks for businesses. Economic outlook presented with focus on tariffs

Coface, anticipating and managing risks is crucial for business survival

The GDP contraction in Q2 2025 shows the fragility of the recovery, despite some positive indicators related to employment and public accounts. Italian companies face growing risks related to volatility and uncertainty

Coface, the Italian economy is struggling to take off. Favourable signals are not enough

The 15% tariff agreement is 'an unbalanced compromise' even though it 'avoids the worst' with a particularly severe impact on European companies in several key sectors

Coface, new US tariffs a further brake on EU competitiveness

Almost half of US copper demand is dependent on foreign countries. The most pessimistic forecasts indicate that copper prices in the US (Comex) could reach $15,000 per tonne

Coface, US metal sector under pressure from copper tariffs

81% of German companies report new delays (+3% compared to 2024), approaching the peak of 85% reached in 2019. Construction sector hardest hit

Germany: Coface, payment delays increase but remains a key market

According to the Coface Observatory, Italy is the only one in Western Europe with a "high" risk, while Norway, Denmark and Switzerland are the most virtuous. The steel sector is going through a serious crisis at global level

Businesses, insolvencies rise in 80% of advanced economies

Credit conditions remain tight in 2024, boom in ultra-long payment delays 57% of companies fear worsening this year

Coface, payment delays for Asian companies on the rise

In 2024, insolvencies will rise to 30,680 (+3%) excluding Hungary where the figures are skewed by regulatory changes. Transport, manufacturing, construction under pressure

Coface, rising insolvent companies in Central and Eastern Europe

Italian exports stable at EUR 623.5 billion in 2024, but this year is fraught with unknowns. It becomes strategic for Italian companies to diversify their outlet markets, exploring high-potential emerging economies in the Gulf States and Asia

Coface: Italian exports hold up but in 2025 the spectre of tariffs advances

Il ceo Xavier Durand: «il tema principale di quest’anno credo sia la frammentazione del mondo». Europa gravata dai problemi dell'industria e delle costruzioni, oltre alla scarsa fiducia dei consumatori

Coface, crescita globale debole nel 2025 e rischi raramente così elevati

Coface ha ridotto la valutazione dell'industria auto in otto paesi, tutti in Europa. Tra questi ci sono anche l'Italia, la Germania e la Francia

Coface, l'auto europea in trappola tra concorrenza Cina e dazi Usa

Coface prevede che l’inverno si concluda con riserve a livelli ben più bassi dei due anni precedenti. Impennata prezzi a gennaio con stop forniture gas russo attraverso l'Ucraina

Dossier

Business Trade Credit Risk Observatory