Sunday, July 1, 2012

Record Number of Bankruptcies Expected

A record number of bankruptcies are expected this year in the Netherlands. In the past half year, almost as many businesses went bankrupt as in the same period in 2009 – the worst year so far. This was reported by the TV station NOS. Marcel Theunis, a specialist in the field, said that initially mainly small businesses and start-ups went bankrupt. Nowadays, many more businesses which have been around for a number of years are collapsing.

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