After the outbreak of the COVID-19 crisis, the number of insolvency filings has reached a record low in 2020. However, industry sectors are affected differently. In the early phase of the COVID-19 crisis, the number of insolvencies in the service sector decreased most substantially. In the third...

COVID-19 placed a special role on fiscal policy in rescuing companies short of liquidity from insolvency. In the first months of the crisis, SMEs as the backbone of Germany's economy benefited from large and mainly indiscriminate aid measures. Avoiding business failures in a whatever-it-takes...

COVID-19 placed a special role to fiscal policy in rescuing companies short of liquidity from insolvency. In the first months of the crisis, SMEs as the backbone of Europe's real economy benefited from large and mainly indiscriminate aid measures. Avoiding business failures in a whatever it...

COVID-19 placed a special role to fiscal policy in rescuing companies short of liquidity from insolvency. In the first months of the crisis, SMEs as the backbone of Europe’s real economy benefited from large and mainly indiscriminate aid measures. Avoiding business failures in a whatever it...

COVID-19 placed a special role to fiscal policy in rescuing companies short of liquidity from insolvency. In the first months of the crisis, SMEs as the backbone of Europe’s real economy benefited from large and mainly indiscriminate aid measures. Avoiding business failures in a whatever it...

COVID-19 placed a special role to fiscal policy in rescuing companies short of liquidity from insolvency. In the first months of the crisis, SMEs as the backbone of Europe’s real economy benefited from large and mainly indiscriminate aid measures. Avoiding business failures in a whatever it...

Die wirtschaftlichen Folgen der Corona-Pandemie waren in der öffentlichen Diskussion ein wichtiges Thema. In fast allen Ländern wurden Geschäfte und Betriebe geschlossen und die Mobilität stark eingeschränkt, um die Ausbreitung des Virus einzudämmen. Angesichts dieses zwangsweisen Stopps...