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Nonfinancial Companies – EMEA

2021 outlook stable on improved prospects for earnings

Stabilising our 2021 outlook for EMEA nonfinancial companies, as a whole, reflects our expectation that the economic environment and earnings across most industries will be no direr, and in some cases better, than in 2020, although starting from a very weak base
Richard Morawetz
Vice President, Senior Credit Officer, Corporate Finance Group
Moody's Investors Service