The Quagmire of Corporate Failures
If business creation is doing well, boosted among other things by the programs put in place by the government, failures do continue, nonetheless. In the first half of the year, 5,646 companies went bankrupt, up 10.3% compared to the first half of 2021. The pace especially accelerated in the second quarter of the year under the effect of the repercussions of the Russian war waged in Ukraine. In this situation marked by the lack of visibility, the good news comes from the pace of growth in business creations...
