An unprecedented crisis is currently shaking the global economy: large companies, often seen as pillars of stability, are reeling under the weight of record failures. In the third quarter of 2024, 127 companies, each with a turnover of more than €50 million, declared bankruptcy. This statistic far exceeds the averages observed before the pandemic, revealing a critical acceleration of economic fragilities. Such a phenomenon is taking place in a context marked by the after-effects of the health crisis and a rapid rise in interest rates, two factors that have put a strain on companies' cash flow. At the same time, the end of the support measures put in place during Covid-19 has exposed many companies to increased costs and unavoidable restructuring. These failures, particularly concentrated in Europe, raise questions about the structural limits of certain sectors and the ability of companies to cope with a rapidly changing economic environment.
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