Insolvency World Cup 2014: Who Will Score Fewer Insolvencies?
Global insolvencies are projected to fall 8 percent in 2014, but still remain 13 percent above pre-crisis levels, according to Euler Hermes’ latest global economic outlook. U.S. insolvencies will continue to decline – -10 percent predicted in 2014 and -6 percent in 2015 – though the rate will weaken from previous years.