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Business failures on the rise in

This situation is one in which the company is no longer able to meet its financial obligations. This may concern the payment of suppliers, salaries or other debts. The National Institute of Statistics has just released figures on bankruptcies by date of judgment. We can see that the situation is getting worse in . According to INSEE, in June 2024 there were a cumulative total of 1,156 business bankruptcies over twelve months. This is more than in June last year, when there were 849.

Nicolas Each

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