Sponsored Content
Declining Trend in Insolvencies is Forecast for 2011
2011 brings a slight decline in insolvencies to Austria, but the economic recovery will not suffice for a substantial change in the trend.
Declining Trend in Insolvencies is Forecast for 2011 / Picture: © Vindobona.org
Euler Hermes, the parent company of PRISMA, analyzes the worldwide situation concerning insolvency twice a year.
After two subsequent record rises, last year’s worldwide drop of 4% points in the right direction. The trend is expected to continue in 2011 with minus 5%. PRISMA considers that the worldwide decline in bankruptcies is related to support measures such as tax cuts and…
or Log In
Fast News Search