EU Bankruptcies Rise as Business Registrations Slip
6 Articles
6 Articles
At the EU level, a decrease of 0.5% was recorded in business registrations, while bankruptcies increased by 5.7%. The post Greece's "Silver" in business bankruptcies appeared first on in.gr.
The number of bankruptcies increased in five out of eight sectors.
In particular, the industry recorded the biggest drop (-3.6%), followed by housing and food services (-3.4%) and social and educational services (-3.2%).On its side, business registration increased markedly in the information and communications sector (+8.8%) and there was also an increase in the construction sector (+1%), while financial services remained stable.In the case of bankruptcies, they increased in 5 of the 8 sectors.
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