EU nation reports record number of corporate bankruptcies ...News

Economy by : (Russia Today) -
Over 55,000 French businesses closed their doors in 2023, the Bank of France says More than 55,000 businesses were shut down in France in 2023, marking a record high for company closures since 2017, according to the data, compiled at the close of December by the Bank of France. The statistics released by the regulator on Saturday shows that 55,492 companies, on average, faced bankruptcy or liquidation over the past 12 months. Although the recorded surge in closures was significant, the Bank of France noted that the level is still below the average annual bankruptcy filings of 59,342 scored between 2010 and 2019. T

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