Posted on September 29, 2021 at 11:07 a.m.Updated September 29, 2021 at 4:16 pm
How did French SMEs and VSEs resist the impact of the economic crisis linked to the coronavirus? In an unprecedented exercise, the Economic Analysis Council (CAE), a think tank attached to Matignon, reviewed the bank accounts in August 2021 of some 100,000 VSE, SMEs and individual companies of the Credit Mutuel Alliance Fédérale in order to draw up an inventory .
Their study, released Wednesday, concludes on a reassuring note for the executive. The risk of a wave of defaults is very limited in the short term. Seventeen months after the start of the pandemic, the outlook is really encouraging. Thanks to state-guaranteed loans (PGE), SMEs and VSEs scrutinized by the CAE have a more abundant cash flow than before the crisis. On the other hand, those in a “fragile” liquidity situation are much less numerous. And this observation applies to almost all sectors.