EU to introduce new support for SMEs under Horizon 2020

European Commissioner for Research and Innovation Máire Geoghegan-Quinn has announced new measures to support SMEs in developing high-potential innovations and bring them closer to market under the EU programme for research and innovation Horizon 2020.

European debt crisis rattles trade credit insurance market.

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Ewan Freely, Managing Director Marsh Political Risk and Trade Credit Practice USA shares with Factorscan the results of Marsh's recent survey into the current appetite for trade credit in Europe and George Karagiannopoulos, Chairman of the Hellenic Factors Association and Chief Executive Officer Eurobank Factors, talks exclusively to Factorscan about the impact of the withdrawal of credit underwriting by the major trade credit insurers on Greek companies and the Greek Factoring Market.

Atradius report on payment cultures as defined by businesses in Eastern Europe

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Atradius report on the payment trends in Eastern Europe which coincides with the release of their newly published survey results, the, Atradius Payment Practices Barometer , focussing on Eastern Europe. During the summer, Factorscan will be publishing a number of reports in conjunction with Atradius which holds approximately 31% of the global trade credit insurance market.

Sizing the Market for Invoice Finance in Europe

 Demica 
The Hidden Player - Sizing the Market
 
Demica, the market leading specialist in working capital solutions and financial data processing has prepared a report which they believe to be the first one that views the invoice finance market as a whole, comprising factoring and invoice discounting, supply chain finance and trade receivables securitisation. Their report demonstrates the economic significance of invoice finance in Europe, playing a vital role in funding economic recovery at a time when bank credit continues to undergo a substantial “squeeze”.
 
BCR Factorscan publishes selected extracts from the report .

The AR Factor - What Receivables Finance really means to Europe's top Four economies

GE Capital has produced a detailed report entitled The AR Factor which assesses the benefits that Accounts Receivable Finance (Receivables Finance) brings to Europe s four largest economies as well as to the businesses that use it.

The econometric modelling undertaken for this report reveals that by 2020, at current rates of growth and usage, just under €59 billion of combined quarterly GDP across France, Germany, Italy and the UK and 1.66 million jobs would be reliant on the existence of AR finance.
Perhaps more importantly, should AR finance usage increase to higher levels of uptake the impact on future growth could be vast. By 2020, under this scenario, the combined GDP of those four nations could grow by an additional €53 billion per quarter and an additional 937,000 jobs could be created.
 
In the first of a series of five articles BCR Factorscan publishes extracts from GE’s summary findings across the four economies and in subsequent articles publishes extracts for each of the four countries individually