Austria saw the highest number of company bankruptcies in its history last year as the number of businesses going under surpassed even the levels seen during the 2008 financial crisis. According to the Alpine Creditors Association (AKV), a total of 6,768 businesses declared bankruptcy, with only 4,156 managing to go through an organized insolvency process. … Continue reading Record high business bankruptcies in Austria last year as FPÖ vows to narrow budget deficit and stimulate economic growth