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THE NUMBER OF BANKRUPT COMPANIES IN EUROPE IS GROWING

The European Statistics Agency reports a rise in the number of companies that have been declared bankrupt. In the first three months of 2021, their number increased by 5.8% compared to the previous quarter. The most significant increase in the number of bankruptcies ...

EUROPEAN AUTHORITIES ARE CREATING A “ZOMBIE ECONOMY”

..., newly elected President Biden offered to provide additional assistance to American companies to combat the 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, the evidence over what strategies should be adopted to protect workers in enterprises without making the economy less competitive is controversial. In France, public investment is seen as a way to ensure social stability and prevent massive unemployment....

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