Impact of New Global Risks on Trade Receivables and Interfirm Debts in Eastern European Countries Cover Image

Влияние на новите глобални рискове върху търговските вземания и междуфирмената задлъжнялост в страните от Източна Eвропа
Impact of New Global Risks on Trade Receivables and Interfirm Debts in Eastern European Countries

Author(s): Marinela Ilieva
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Supranational / Global Economy, International relations/trade, Financial Markets
Published by: Великотърновски университет „Св. св. Кирил и Методий”
Keywords: risk; trade receivables; insolvency; payments; Eastern European countries

Summary/Abstract: Following the conflict of Ukraine, global trade has faced a double whammy: a confidence shock in demand, as well as increasingly high price pressures. High energy prices, geopolitical tensions, and increased transportation bottlenecks rank among the basic concerns for the existence of business in Eastern European countries. These challenges will tighten financing and will exacerbate interfirm debt problems, resulting in a number of insolvencies that will continue to increase in the coming quarters. In this complex political, financial, and economic environment, with constantly emerging new crises and risks, business may only survive if it restructures itself and properly adapts to the new reality.

  • Issue Year: 2022
  • Issue No: 2
  • Page Range: 210-221
  • Page Count: 12
  • Language: Bulgarian