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SEVERAL ENERGY FIRMS HAVE GONE BURST IN THE UK AT ONCE

A tendency for energy companies to close down has been reported in the UK due to the increase in gas prices Since August - five small operators have already gone burst and four more may soon be closed down as well. The price for gas is to be blamed here - this year, its retail price has increased by 3.5 times. This circumstance ...

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... ... is only decreasing. European analysts say that government programs are flooding the economy with zombie companies with high debts and an equally high probability of default... ... tank Rexecode reports that about 10% of companies in the country have been saved from bankruptcy solely by government funds. Jeffrey Franks, the head of the IMF mission in...

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