Country report France 2018

Ülke raporu

  • Fransa
  • Tarım,
  • Otomotiv/Nakliye,

15 May 2018

With about 55,000 business failures recorded in 2017 the number of insolvencies was still as high as during the start of the credit crisis in 2008.

France trade
France key figures

 

France sectors

The insolvency environment

Despite a decrease  the insolvency level remained high in 2017

French business insolvencies decreased by about 5% in 2017, and in 2018 another 7% decline is expected, in line with the on-going economic rebound. However, with about 55,000 cases in 2017 the number of business insolvencies was still as high as in 2008.

France insolvencies

Economic situation

Growth finally picked up in 2017

After several years of rather feeble GDP increases of around or even less than 1%, French economic growth picked up in 2017 growing 2%. This rate is expected to continue in 2018 and 2019.

The rebound is driven by higher export growth and improved business and consumer confidence. Lower business taxes support investment growth, while some labour market reforms help to reduce unemployment and to support household consumption.

However, corporate debt has increased to more than 70% of GDP, and further increases could make French businesses vulnerable to faster than expected interest increases by the European Central Bank.

After repeatedly failing to meet the Maastricht deficit threshold of 3% of GDP, the budget deficit decreased below this threshold in 2017 and is expected to remain so in 2018 and 2019.

However, at about 95% of GDP (up from 67% of GDP in 2008), French public debt remains among the highest in the eurozone. It seems that more measures are required to curb public spending, which, at 57% of GDP, is the highest in the eurozone.

 

Yasal Uyarı

Buradaki beyanlar yalnızca genel bilgi sağlama amacını taşımakta olup hiçbir amaç için güvenilmemelidir. Tabi olduğu koşullar için lütfen gerçek ilkeye ya da ilgili ürün veya hizmet anlaşmasına başvurun. Buradaki hiçbir unsur, alıcılara dair ya da sizin adınıza gerekli özenin gösterilmesi yükümlülüğü dahil Atradius tarafında hiçbir hak, yükümlülük, tavsiye ya da sorumluluk oluşturduğu şeklinde yorumlanamaz. Atradius, herhangi bir alıcı hakkında detaylı durum tespiti yaparsa, bu, sigortalı ya da başka birilerinin menfaati için değil, kendi sigortalama prensipleri doğrultusundadır. Ayrıca, hiçbir durumda Atradius ve hiçbir bağlı ortaklık ve yan kuruluşu buradaki beyanlarda bulunan bilgilerin kullanımından kaynaklanan doğrudan, dolaylı, özel, arızi ya da nihai zarardan sorumlu olmayacaktır.