During 2024, there has been a rise in the number of insolvency proceedings, of 22%, with bankruptcies being the most abundant, representing 79%, and special proceedings growing the most, 192%, to reach the highest figure of the last decade, 9,015 proceedings in total.
Corporate insolvencies in Germany are rising for the third year in a row. At the end of 2024, a new record high of 22,400 bankrupt companies was recorded.
The global economy continues to show resilience, with inflation rates declining without causing a recession. However, potential import tariffs from the new US administration could pose a risk to future global growth. ...
ESG ratings provide an opinion on the sustainability profile of a company or financial instrument, assessing its impact on society and the environment and its exposure to risks associated with sustainability issues.
The digital identity will have to provide an efficient system of data security and ensure that trust service providers of qualified attestations of attributes cannot receive and information about use of attributes.
Today, the European Parliament in plenary session approved the new College of Commissioners with 370 votes in favour, 282 against and 36 abstentions. The new political team of the Commission will officially take office on 1st December 2024, marking the start of President Ursula von der Leyen's second mandate.
Policymakers, industry leaders, and experts convened at the European Parliament for the event “Enhancing EU Competitiveness Through High-Quality Business Data”, hosted by MEP Costas Mavrides in cooperation with the Federation of Business Information Services (FEBIS). The event brought to light the vital role of business data and advanced technologies in fostering innovation, combating financial crime, and strengthening Europe’s economic standing.