Germany Plans Reform to Avoid Bankruptcy Wave Due to CCP Virus

almost 5 years in theepochtimes

BERLIN—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 as […]

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