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Payment Default Risks Remain a Crucial Issue for Businesses Across Europe
Date:4/27/2010

deterioration of domestic payment behaviour over the last two years compared to a more stable environment in other markets. British and French respondents sight improvement since winter 2009.

- Domestic customers, on average, paying faster than in previous survey periods

Except for in the Netherlands, Sweden and Denmark, domestic payments have accelerated an average of 5 days from the summer 2009 survey and 12 days from the peak payment duration levels of winter 2009 and summer 2008.

- No significant change in frequency of domestic payment delays compared to summer 2009

Belgian responses showed the most significant decline in frequency of domestic payment delays, overall however no meaningful change was perceived across the eight countries surveyed.

- On average, foreign payment behaviour rated worse than in summer 2009, except for France

Notable decline in rating of foreign payments behaviour in Belgium, Denmark, Sweden and the Netherlands in winter 2010 compared to summer 2009 survey. Only French responses showed some small improvement. Compared to summer 2008, Great Britain joins France as only countries where responses suggest some small improvement.

- Overall average frequency of foreign payment delays and payment defaults relatively unchanged

Compared to summer 2009, the most notable change in frequency of foreign payment delays was in '/>"/>

SOURCE Atradius N.V.
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