The answers collected suggest that the cooperative enterprises from our network are quite “resistant” to the crisis, especially in term of job reduction and closing down.

Nevertheless, they report some difficulties in accessing credits from traditional bank (when cooperatives banks are informing us that they are not tightening up their access to loans) and related to late payment phenomenon. Regarding expectations about future trends, generally all countries expect a worsening of the current economic situation.

You can read the full report here