Top financial managers in Western Europe are depressed after the pandemic

While at the beginning of the year the financial managers of Western European companies dealt with development investments and reported good profit prospects this year, now securing the funds needed for the day-to-day operations of companies and managing short-term debt and inventories is more important, while profit expectations are more pessimistic. Two-thirds of financial decision-makers surveyed indicated that late payments are a problem in recent research by credit insurer Euler Hermes.