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Morocco Corporate Payment Survey 2021: shortened delays but still widespread late payments


According to Coface's 2021 study on the payment behaviour of companies in Morocco, contractual payment terms in the country remain long, reaching an average of 79 days. However, they have improved significantly, with a shorter duration of about 14 days compared to the previous survey conducted in 2019.

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Spain: wage increase agreements vs inflation


According to data published by Spain’s Ministry of Labour, 94% of workers agreed wage increases below inflation in 2021. On the one hand, this means that a large share of workers will have lost purchasing power in 2021, which will slow down the recovery of household consumption (which was still 7% below its pre-crisis level at the end of September 2021). On the other hand, it also puts a brake on the second-round effects of inflation, which is expected to moderate gradually over the course of 2022.

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Chief Economist Jean-Christophe Caffet's 2022 Outlook


3 questions with Chief Economist Jean-Christophe, who presents our outlook for the global econmy.

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Outlook 2022: peering through the jungle of economic news


Coface ventures perilous predictions for 2022 on the world economy and a specific focus on Germany.

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Examining the euro, 20 years on


To mark the 20th anniversary of the euro’s introduction into European wallets, Coface's economic research team has examined the effects that this change has had in macroeconomic terms.

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