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The upward trend of business insolvency continued in 2019 for the third year in a row: + 9% year / year, according to the Euler Hermes Global Insolvency index, which covers 44 countries that represents 87% of global GDP.
Euler Hermes, the global leader in commercial credit insurance and a recognized specialist in the field of guarantees and debt collection, presents a global insolvency index, which shows that insolvency will grow in 4 out of 5 countries by 2020.
For more information, please see the Romanian version of the article, here.
