Les économies américaine et européenne connaîtront une croissance plus lente que prévue en 2025, contribuant à un ralentissement de la croissance économique globale. Les perspectives de l’économie mondiale restent orientées à la baisse, selon Scope Group.

The US and European economies will expand more slowly in 2025 than previously forecast, contributing to more moderate global economic growth, with risks for the global economy and global credit risk skewed to the downside, Scope Group says.

Mixed recent results from Europe’s leading car makers have done little to shift the negative credit outlook for the auto sector despite encouraging trends among some original equipment manufacturers (OEMs).

The methodology is now final following a call-for-comments period and will apply to all issuer and debt ratings of corporates in the sector. The application of the updated methodology will not trigger any rating changes.

Collections in April declined by 22% month over month and were 35% lower than the April average for the three previous years, indicating a notable slowdown in recovery performance.

Global ABS 2025 kicks off next Tuesday June 10. We are excited to be a Partner Sponsor of this year’s event and are looking forward to engaging with speakers and delegates.

The methodology is now final following a call-for-comments period and will apply to all issuer and debt ratings of European real estate corporates. No impact is expected on outstanding issuer and debt ratings.

Italian NPL collections in March rose 45% month on month, consistent with previous years. But while monthly volumes bounced back from a poor February, they were still 43% below the three-year March average.

Wednesday, 28 May, 3 pm CEST

European households will see housing affordability deteriorate as the supply-demand gap persists and prices continue to rise. Stimulus measures are urgently needed to boost housing supply in European countries where the situation is particularly acute.