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European Debt Crisis Likely to Push Bankruptcies to Higher Levels

The ongoing debt crisis in Europe continues to spread to the point where even the powerful German manufacturing sector is starting to take a hit. FCIB Global Conference Speaker Ludovic Subran, of Euler Hermes, noted this is likely to push bankruptcies much higher in a number of economies there. Subran noted that projections show low growth, if any, in most ... Read More »