Euler Hermes (Paris, France):

Subran L., Chief Economist, e-mail: antje.stephan@eulerhermes.com

The insurance company Euler Hermes observes rise of number of bankruptcy cases for enterprises in the world by 2%; such trend appears for the first time since 2009. For Germany this fi gure will make 1% in 2017. Nevertheless, the German export becomes stronger, its additional rise is predicted to make USD 104 bln. At the same time the global trade seems to increase nominally by 2.7%, but its cost will decrease by 2 % in comparison with the previous year.