▪️+3.1% — an increase in the number of bankruptcy applications from EU enterprises in the second quarter of 2024 compared to the first quarter of this year. At the same time, the number of business registrations fell by -2.1% compared to the first quarter of 2024, – states Eurostat

▪️Sectors leading the growth in the number of bankruptcies

+3.8% — construction

+2.6% — financial activity

+2.4% — trading

+1.6% — industry

The number of business registrations has fallen in all sectors of the economy. Sectors are the leaders in the drop in the number of registrations:

-4.7% — trading

-3.6% — industry

-3.4% — education and social activities

CRYSTAL OF GROWTH previously informed that, according to the head of the European Central Bank, Europe is experiencing serious shocks, including the problem of extreme inflation due to the energy crisis against the background of anti-Russian sanctions. At the same time, the problems of zero economic growth are compounded by reduced demand for European exports