Atradius anticipates 26% increase in global bankruptcies this year
Amsterdam (ots/PRNewswire) - Phasing out of aid packages and the normalization of the bankruptcy legislation expected to cause significant deterioration in global insolvency outlook Despite the deep recession caused by the COVID-19 pandemic last year, the expected spike in global bankruptcies did not occur. Globally the number of bankruptcies fell by an estimated 14% in 2020 with some of the larger European economies: ...