Highest number of bankruptcies in Flanders in 10 years: why is that? Do we have to worry? And what does the future bring?

In June, the number of bankruptcies in our country reached the highest number since October 2018. In Flanders, even more companies went bankrupt in the first half of this year than in record year 2013. Are black clouds gathering over our economy? Which sectors will be hit hardest? And what else can we expect? Chief economist Peter Vanden Houte (ING) explains. “I’m afraid we’re not at the end of the trouble yet.”

ttn-3