Insolvencies : fewer cases, bigger crashes

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      <subfield code="a">While the total number of insolvencies is set to decline in 2018, the improvement will not be spread evenly. 2017 figures on major insolvencies  namely for companies with more than EUR 50 million in turnover  show the extent of the gap. Major failures increased every quarter last year. The number for the full year - 57 additional cases  meant that 321 companies went bust in 2017. Their cumulative turnover stood at EUR104bn. This is a EUR10bn hike compare to 2016.  </subfield>
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