Credit insurers: we have survived so far, but bankruptcies in the world economy are coming by the end of the year
According to the study, fewer companies collapsed in the first half of 2020 than expected, mainly due to the freezing of bailout packages and bankruptcy proceedings in individual countries. If the quarantine rules remain or are further relaxed despite the second wave in the autumn, this will help the economy to recover, but it will also trigger a wave of bankruptcies. Bankruptcy proceedings have only been suspended temporarily in most countries.
Related news
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Fitch Ratings: stronger than previously expected global economic growth is expected this year
Stronger-than-expected world economic growth is likely for this year, according…
Read more >By postponing investments, domestic companies protect themselves against late payments
Hungarian companies hold back their investments and pay their utility…
Read more >Related news
Valeo Foods Completes Acquisition Of Appalaches Nature
Valeo Foods Group has completed the acquisition of Appalaches Nature,…
Read more >Carrefour grows in France and Brazil, lags behind in rest of Europe
Carrefour says it is rather pleased with its financial results…
Read more >Food and beverage innovation plunges nearly 50% since 2007: Mintel
The market research firm said about a quarter of items…
Read more >