Coface: Companies bearing the brunt of Eurozone crisis

Concept image of Greek sharks circling sinking euro

The international insurer announced its country risk assessments at the Coface Country Risk Conference this week.

These assessments are not based on sovereign debt, but on economic, financial and political outlooks, business climate assessment and Coface’s payment experience.

The company announced that payment behaviour deteriorated in the second half of 2011, and for the whole of 2011 non-payment incidents rose by 19% worldwide.

In the same period non-payment incidents for companies in the

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