Explosion of bankruptcies in France: post-Covid rebound effect or lasting crisis?In France, the number of business failures has broken a new annual record in recent weeks, now exceeding 66,000. A historic increase that is worrying, even as the government plans to implement a drastic savings plan to reduce the State's abysmal debt.
The list is growing and the outlook is getting bleaker for French companies. More than 66,000 companies have gone bankrupt in the last 12 months, according to the latest estimates from specialist firm Altares, published in October.
A historic increase of more than 20% compared to the previous 12 months, which surpasses the peaks of 2012, linked to the debt crisis in the eurozone, and 2009, caused by the subprime crisis.