Roughly 30% of Portuguese companies suffered “significant defaults” in 2020 despite the various State led injections of liquidity and fiscal stimuli designed to “atentuate the economic effects provoked by the pandemic”, reveals a study on ‘management of credit risk’ promoted by Spanish agencies Crédito y Caución and Iberform.
Original Story: Portugal Resident| Natasha Donn
Photo: Photo by Pasqualantonio from FreeImages.com
Edition: Prime Yield