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+---- Thread: Business insolvencies set to rise globally in 2022 — first time since Covid pandemic, (/thread-3367.html)
Business insolvencies set to rise globally in 2022 — first time since Covid pandemic, - superadmin - 10-06-2021
Business insolvencies set to rise globally in 2022 — first time since Covid pandemic, research shows
![[Image: 106696476-1599706559243-gettyimages-1268...=740&h=416]](https://image.cnbcfm.com/api/v1/image/106696476-1599706559243-gettyimages-1268610261-nng_4454_20200825101513267.jpeg?v=1633491357&w=740&h=416)
- Business insolvencies are set to rise in 2022 as governments withdraw support measures that have helped companies stay afloat during the Covid-19 pandemic, research by Euler Hermes found.
- Globally, business insolvencies are expected to jump 15% on year in 2022, the trade credit insurer said in a Wednesday report.
- Even with the expected increase in 2022, overall insolvencies will likely remain 4% lower than in 2019 — before Covid spread globally, said Euler Hermes.
Business insolvencies are set to rise in 2022 as governments withdraw support measures that have helped companies stay afloat during the Covid-19 pandemic, according to a new report by trade credit insurer Euler Hermes.
Globally, business insolvencies are expected to jump 15% on year in 2022, Euler Hermes said in a Wednesday report. That projected increase follows two consecutive years of decline: insolvencies dropped 12% on year in 2020 and is forecast to fall by another 6% in 2021, said the insurer.
Even with the expected increase in 2022, overall insolvencies will likely remain 4% lower than in 2019 — before Covid spread globally, said Euler Hermes.
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