Euler Hermes: Insolvencies In Romania On Downward Trend In Last 2 Years, But 3% Rise Expected In 2020

02.06.2020 By Ecaterina Craciun

The number of insolvencies in Romania has been on a downward trend in the last two years, but the trend is set to reverse in the coming period, amid a slowdown in economic growth, the accentuation of macroeconomic imbalances and an increase in non-payment incidents, according to Euler Hermes analysts who expect a 3% increase in 2020.

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Keywords:: Euler Hermes; , insolvencies; , Romania

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