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EUROPEAN AUTHORITIES ARE CREATING A “ZOMBIE ECONOMY”

... mass unemployment through the subsidies from the state treasury to companies mired in debt may lead to the creation of a "zombie economy." Now there are more and more companies that do not have the opportunity to invest and introduce innovations ... ... large number of inefficient enterprises with low 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 of the National Bureau of Economic ...

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