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Germany plans reform to avoid bankruptcy wave due to coronavirus
Germany plans reform to avoid bankruptcy wave due to coronavirus

Germany plans reform to avoid bankruptcy wave due to coronavirus

Reading Time: 2 minutes Germany would relax insolvency rules under proposals set out on the weekend to help avert a wave of bankruptcies in Europe’s biggest economy, provided companies hit by the coronavirus crisis have a robust business model. Keen to avoid bankruptcies and mass layoffs, Chancellor Angela Merkel’s government has launched a range of

Germany plans reform to avoid bankruptcy wave due to corona

Germany plans reform to avoid bankruptcy wave due to corona

Germany would relax insolvency rules under proposals set out on Saturday to help avert a wave of bankruptcies in Europe’s biggest economy, provided companies hit by the coronavirus crisis have a robust business model. Keen to avoid bankruptcies and mass layoffs, Chancellor Angela Merkel’s government has launched a range of stimulus and relief measures