In Europe

Inflation

Annual inflation stable at 7.4% in the euro area (Up to 8.1% in the EU)

Eurostat | The euro area annual inflation rate was 7.4% in April 2022, stable compared to March. A year earlier, the rate was 1.6%. European Union annual inflation was 8.1% in April 2022, up from 7.8% in March. A year earlier, the rate was 2.0%. These figures are published by Eurostat, the statistical office of the European Union. The lowest annual rates were registered in France, Malta (both 5.4%) and…

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Companies restructuring

Insolvencies Increase As Government Support Ends

Crédito y Caución (Atradius) | Global GDP growth is expected to slow in 2022, as price pressures are rising due to supply chaindisruptions, strong consumer demand and the Russia-Ukraine conflict. In some markets, we already saw a partial return to normality in 2021 in insolvency developments. Forinstance, in Spain, Italy and Czech Republic, insolvencies started to rise in 2021 after they declined in 2020. For the majority of markets, however,…