Home » Economy » Business failures return to their pre-Covid level

Business failures return to their pre-Covid level

2023-10-06 17:11:59

Published on Oct 6, 2023 at 6:29 p.m.Updated Oct 6, 2023 at 7:11 p.m.

Reflecting the normalization of the economy, but also the deterioration of the economic situation: between September 2022 and September 2023, 51,160 French companies opened recovery and liquidation procedures, according to the provisional count from the Banque de France. Over one year, the number of failures therefore returns more or less to their 2019 level when 51,145 defects were noted.

“This remains well below the pre-pandemic average measured between 2010 and 2019 which stood at 59,342 failures,” however, underlines Emilie Quema, director of businesses at the monetary institution.

1696641790
#Business #failures #return #preCovid #level

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.