European companies are wary of recession amid rising bad debt losses, report says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

European businesses are increasingly anticipating a recession in the near future as bad debt losses showed a marked increase in 2018.

Companies reported 2.31% in bad debt losses in 2018 as a share of total revenues, an increase from 1.69% in 2017, according to a report from Swedish debt purchaser Intrum.

There is a sharp divide between northern and southern Europe. In Greece and Italy, recession is largely seen as a current actuality, with 93% and 84% of businesses respectively suggesting that it was imminent. In Austria, Germany and Denmark, these figures fell below 35%. "If you look on an average in the European financial institutions, we have around 4% in the latest statistics on non-performing loans," Ericson said.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

Ya think? Hello out there debt is a problem can't just do endless QE bond notes. $SPY aoc HouseDemocrats RandPaul

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 12. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें