This gives a foretaste of the coming months, when the time for the withdrawal of emergency aid in the face of the coronavirus crisis will ring.
If the explosion of public debt is worrying, private debt is also a time bomb.
The challenge will be to avoid the failures of companies that are viable and productive but highly indebted, underlines the National Productivity Council (CNP), which has just published its second annual report on the effects of the Covid-19 crisis on productivity and competitiveness.
And,
"the question of reducing these debts
(for said companies, editor's note)
will arise in certain sectors because the liquidity in place will not be sufficient",
warns its president, Philippe Martin.
The executive remains silent on the subject for the time being.
Read also:
Bankruptcies at their lowest in 2020 ... thanks to Covid-19
Certainly, for the moment, bankruptcies remain down 36% compared to 2019, even as France is going through one of the worst recessions.
A paradox that is largely explained by public support
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