European corporate default rate could spike to 11% in 'pessimistic' COVID-19 scenario - S&P

31-03-2020

European corporate default rate could spike to 11% in 'pessimistic' COVID-19 scenario - S&P

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Analysts at S&P Global believe that the recession caused by the COVID-19 pandemic in Europe will lead to a sharp decline in economic activity and revenues in the first half of 2020.


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