US EditionRecession and High Interest Rates: Austria's Banks Are Losing More and More Loans
Summary by Der Standard AT
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The recession also leads to more insolvencies in Vorarlberg. Up to 7,000 company bankruptcies are expected throughout Germany by the end of the year. The country is in the third year of recession.
der Standard ATReposted by 
der Standard DE
der Standard DEEspecially in commercial real estate the situation is getting worse, problems arise especially with medium-sized and smaller banks. Record profits of domestic credit institutions as last will probably fail in the future
·Vienna, Austria
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- 100% of the sources lean Left
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