The tip of the iceberg

Here is the latest guide from Euler Hermes, Insolvencies: The tip of the iceberg.

2016 was a challenging year for global business after two years of substantial declines in insolvencies, recording a drop of -2%.


Although this downward trend in global insolvencies is coming to an end, companies remain vulnerable to external shocks. Globally, the contained return of inflation provides only limited relief to corporate turnovers, while companies will face higher input costs and upward wage pressures, in addition to tighter financing conditions.


This economic outlook report highlights global insolvencies from the Americas, Asia-Pacific and Europe, featuring special focus on state-owned enterprises around the world.