More than 170,000 companies on the verge of bankruptcy due to the impact of delinquency
More of 170,000 companies believe they could close due to the impact of the delinquencyenvironment at 12% of the total or three points more than last year, according to the latest report from the Credit Risk Management in Spainpublished this Monday.
Default is a real concern for more than half of Spanish companies, specifically 60% or six points more, which have already seen a negative effect on their accounts, while 48% face “significant” income losses.
The worsening of the effects of delinquency reaches higher levels in the aspects of business activity most affected by the rise in interest ratessince 29% of the business fabric registers an increase in its financial costs, eight points more than in 2021.
Likewise, 18% of companies are forced to stop their commercial expansion for this reason, five points more than last year, and 15% have to limit their new investmentswhich is four more points.
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