Could Europe's corona mess lead to over half small and medium sized companies go bust?
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In late October 2020 we wrote the following;
"Over half the small and medium-sized companies which together provide jobs for two-thirds of European workers fear for their survival in the coming 12 months, according to a survey released by management consultancy McKinsey on Thursday.
The McKinsey survey of more than 2,200 companies in five countries - France, Germany, Italy, Spain and Britain - found that 55% expected to shut down by September next year if their revenues remained at current levels."
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