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THE NUMBER OF BANKRUPT COMPANIES IN EUROPE IS GROWING

... have also shown high dynamics for bankrupt enterprises, in which the growth is 16.6% and 16.2%, respectively. In some European countries, there has been a decrease in the number of insolvency petitions filed. Such a negative trend was recorded by Eurostat staff in Latvia, Estonia and the Netherlands. The number of bankruptcy reports decreased by 42.2%, 23.7% and 20.1%. European experts note that enterprises in almost all spheres of the economy have gone bankrupt in the current situation. The largest number of bankrupt companies was found in the transport, catering, hospitality, educational and socio-cultural sectors....

BELAVIA AIRLINES MIGHT FACE BANKRUPTCY DUE TO THE EU SANCTIONS

The RyanAir airliner, which made an emergency landing in Minsk on May 23, may become the reason for the bankruptcy of the national air carrier of the Republic of Belarus. A significant number of experts come to this conclusion, commenting on the sanctions of the authorities of European countries. The EU summit that took place may be crucial for the national airline. The ban of Belavia on crossing the airspace of the EU countries ...

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