EU corporate bankruptcies surge to highest since 2015 – report ...News

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EU corporate bankruptcies surge to highest since 2015 – report
source : Russia Today ( News ) () 38
Sluggish economic growth and lack of government support have driven many companies out of business, analysts say The number of bankruptcy declarations in the EU reached the highest level in eight years in the second quarter of 2023, the bloc’s statistics agency Eurostat said this week. According to the data, the number of companies going out of business between April and June surged 8.4% against the previous quarter. This marks a sixth consecutive quarterly increase, the agency said. In the reporting period, bankruptcy declarations reached their highest level since Eurostat started tracking such data in 2015. Bank

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