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EUROPEAN AUTHORITIES ARE CREATING A “ZOMBIE ECONOMY”

... productivity. According to statistics for 2020, the number of bankruptcies in France and the UK fell by 40%. The average figures for the European Union as a whole were 25%. Researchers... ... bankruptcy solely by government funds. Jeffrey Franks, the head of the IMF mission in France, believes that unviable companies should be left unsupported by allowing them... ... consequences of the pandemic in the amount of $ 1.9 trillion. At the same time, 900 thousand American citizens were included in unemployment statistics last week. In Europe...

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