Relevant:
- Italians Cut Spending in Worst Christmas in 10 Years; Debt in Spanish City of Gandia 50% Higher than Previously Reported; Harsh Times Ahead for All Europe
- How Greece could collapse the eurozone - Satyajit Das
- Worry Over the US$ and PIIGS
- Will Greece Snatch Defeat From the Jaws of Victory?
- "Miracle" in Athens as Greek tourism numbers keep growing
2017-07-09 — ekathimerini.com
Corporate bankruptcies in Greece are still a staggering five times what they were in the period before the outbreak of the financial crisis, despite the small 2-percentage point decline recorded so far in 2017, according to international credit insurance company Atradius.
The 2 percent decline is the smallest drop recorded among eurozone member-states, while Greece remains on top of the 22 countries Atradius monitors in Europe and beyond in terms of bankruptcies.
While Greece's rate is currently five times what it was before 2009, in Portugal it is four times as high, in Italy 2.4 times, in Ireland 2.2 times and in Spain it is twice as high.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.