Insolvencies in times of COVID-19 – update
In the summer of 2020 credit rating agencies projected that the number of insolvencies worldwide will rise. Creditreform predicted 15%-18% more company insolvencies for 2020 compared to 2019 with an even higher increase during the first two quarters of 2021. Euler Hermes expected a rise of insolvencies worldwide by 4% in 2020 and by 8% […]