Atradius forecasts insolvencies across advanced markets to fall only 2% in 2017, the weakest performance since 2009.
The pace of improvement in insolvencies has slowed since 2015 and businesses are facing increasing uncertainty and changing access to finance. Only a -2% change is forecast across advanced markets.
The eurozone outlook is stable but risks lean heavily to the downside due to political uncertainty. In North America, political uncertainty also clouds the outlook but recovering oil prices should support the most vulnerable sectors.