12:20 They go down to 95 days for credit collection ( Il Sole 24 Ore Thomson Plus) – Milan, Feb. 23 – the days of collection for credit remains high but decreased by 24 hours, amounting to 95 days on average in 2015 and in 2016 is expected to fall further, reaching 94 days . And ‘what emerges from the edition 2016 of the Report Missed Payments, research on Italian businesses payments trends, presented by Euler Hermes (Allianz Group), active in insurance claims. According to the study, the total amount of overdue debts and ‘decreased in 2015 by 16% and the average value of a non-payment and’ dropped by 19%, reaching a height of 17,000 Euros, with a greater improvement in the domestic market (-22 %) than exports (-9%). Corporate insolvencies have finally dropped by 6% after 7 years of consecutive growth. Despite the forecasts of contraction of the phenomenon (-6% in 2016 and 7% in 2017), the 13,800 insolvent companies expected in 2016, still account for twice as many cases than in 2007. Com-Tmm (RADIOCOR) 02/16/23 12:20:26 (0310) ASS 5
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