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The forecasts of the Italian textile sector for 2010 confirm a poor performance with exports decreasing 9% and domestic orders declining 16%.
After a massive 46.2% increase in 2009, Crédito y Caución expects corporate insolvencies to rise further this year, but an improvement, albeit small, is expected in 2011.
Based on the first months of 2010, Crédito y Caución forecast a 10% decrease in business insolvencies this year, followed by a further 5% drop in 2011.
For the rest of 2010, production will continue to grow at the Austrian chemical industry, but it will take until 2012 to compensate for the loss in revenues suffered in 2009.
O diretor presidente da Crédito y Caución no Brasil discutidos neste fórum previsões de consenso para 2010 do Grupo Atradius, difundidadas de Crédito y Caución.
There are signs that the recovery will continue at the transport sector in Austria, but it is still too early to give the all clear, as many companies are still financially weak.
Recovery gained momentum in the second half of 2009 and in early 2010, thanks to improved stock investments and rejuvenated exports.
The Russian banking sector is gradually increasing its risk appetite, and Crédito y Caución expects a steady but substantial increase in lending over the next 18 months.
The July 2010 median Expected Default Frequency for France, Germany and the Netherlands are the lowest since the beginning of 2010.
China recently highlighted six key industries in which overcapacity was a problem: iron and steel, cement, flat glass, coal chemical, poly-silicon and wind power equipment.
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