Home > Uncategorized > The outlook from Atradius

The outlook from Atradius

Atradius, the leading credit insurers, seem to specialise in very modern innovative offices and thats my excuse for the striking picture to the right but also and more relevantly they produce a very readable and nicely presented economic outlook report. It is easily downloadable from here

The highlights? Well I shall lift those straight from their website and as follows

Global economic growth will fall to 2.6% as advanced economies slow sharply and emerging economies cool down.

Risks to the outlook are significant: the crisis in the Eurozone has been only temporarily alleviated by the European Central Bank, and unrest in the Middle East may lead to a further increase in the price of oil.

The Eurozone economy is expected to contract, with Latin American growth slowing to 3.6%, while Asian growth increases to 4.9%. The United States is continuing its recovery with predicted growth of 2.3%.

Credit conditions remain tight across advanced markets and emerging Europe as the financial sector consolidates its debt and seeks additional capital to comply with new regulation.

Our forecasts project an increase in insolvencies across many European economies.

Perhaps the last line is the most significant but its worth taking a look deeper into report to see which economies are most at risk. If you cant be bothered, then i may just save you the trouble by detailing in a future post

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