Atradius

For two years, businesses received significant government support because of the pandemic, but now rising energy and debt service costs, along with general inflationary pressures, are putting the recovery of small and medium-sized businesses at risk, EURACTIV writes.

Greece is expected to show the biggest decline in corporate bankruptcies this year among 22 countries, mostly European, monitored in this respect by credit insurance company Atradius.

By Evgenia Tzortzi

A lack of cash availability accounts for 84.3 percent of the delays in payments among domestic enterprises this year, the barometer of transaction behavior used by international credit insurer Atradius has shown, as uncertainty has seen the economy slip back into the red.