Allianz Trade: Global insolvencies are expected to rise by +10% in 2022 and +19% in 2023

The high energy bill, rising interest rates and wages will weigh heavily on corporates’ profitability and cash flows.

The current fiscal support is reducing the rise in insolvencies by more than -10pp over 2022 and 2023 for all the largest European economies. However, additional support will be essential to absorb the shock if the energy crisis and the recession worsen.

All news and features older than 7 days are subscription only. This article is from the archive. Archived articles could only be accessed with the subscription. If you are a subscriber please log in, alternatively you need to purchase a subscription to view the full content for this page.