GDP is declining in the region, credit risk is increasing

Due to strong internal consumption this year, economic growth in Eastern Europe is 3.2 percent, but in 2019 growth will fall to 2.5 percent.

According to Atradius Credit Insurance’ Barometer of Payment Practices, this will be due to the decline of exports to the euro zone. This will deteriorate the liquidity positions of the regional companies, which will increase the risks of B2B trading. More than 1400 Hungarian and Eastern European companies were surveyed by the analysts of Atradius.