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SMALL AND MEDIUM BUSINESSES IN GERMANY ON THE VERGE OF BANKRUPTCY DUE TO FUEL PRICES

... fare system could lead to bankruptcy of significant number of entrepreneurs. According to the NEOPresse media, gasoline prices have already exceeded € 2 per liter at gas stations in Germany. The cost of gas also doubled. This raises concerns among businessmen who fear corporate bankruptcies. The media quotes the words of Markus Jerger, head of the Federal Association of Medium Businesses (Bundesverband mittelständische Wirtschaft, BVMW). In his opinion, fuel prices have become an existential ...

Modified: 03.14.2022
bankruptcy , bankruptcy of legal entities , oil , gas , Germany , Europe , Ukraine , sanctions , energy , business
Path: РусБанкрот - СМИ

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