Crisis easing says Coface

Copying and distributing are prohibited without permission of the publisher

25 January 2010

Coface has announced 20 country upgrades at its 14th country risk conference, claiming that the global financial crisis is easing, but warns of continuing bubbles.

Credit insurer Coface has announced 20 country upgrades at its fourteenth country risk conference, held in Paris this month, as it claims that the crisis is easing.

Coface has eased the rating outlooks for all industrialised countries, apart from the United Kingdom, Italy and the PIGS (Portugal, Ireland, Greece and Spain), which remain rated A3, with several still under a negative...

You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.

Already have an account?

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Free trial

Taking a free trial will give you access to the current issue for two weeks (excluding some surveys and articles). Start your free trial today.

Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%

33%

50% to 75%

30%

25% to 50%

25% or less

10%

I don’t use private credit insurers

18%