European firms brace for increased insolvency risk in 2022: Atradius

Businesses in western Europe will face increased insolvency risk in 2022, according to trade credit insurer Atradius, as B2B overdue payments reached 53% from 47%, and write-offs increased to 10% from 7%, during the past 12 months. Global insolvencies are expected to increase by 33% in 2022.

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