Research (ČP Invest)
Business  |  January 08, 2013 11:18:09

Do you have overdue invoice? So it will probably be from southern Europe

Reproduced below graph shows the delay (in days) past due invoices public sector in each year from 2009 to 2012 in selected countries. The graph clearly shows which countries are in debt problems. So far only talked about Greece, then by Spain. When it comes to a number of Italy? From the above graph it is only a matter of time.

Author: Michal Valentík, chief investment strategist at CP INVEST

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