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Global Economy Recovering Weakly, Corporate Bankruptcies Soar in Europe and U.S. as Developing Countries Face Currency Crisis
Under the influence of weak economic recovery, sovereign debt risks and high inflation, the downside risks of the global economy have increased sharply. 01 Multinational corporate bankruptcies surge 200,000 European companies go bankrupt A few days ago, according to the latest report released by the German credit agency “Creditreform” (Creditreform), more and more companies in Europe are filing for bankruptcy. According to the report, nearly 140,000 companies will go bankrupt in 2022 in 14 Western European EU countries, as well as Norway, Switzerland and the United Kingdom. This figure represents an increase of 24.2% compared to the previous year. The largest increase in the number of bankrupt companies was in…