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The study in brief!
26 927
opening of receivership and direct judicial liquidation
78 690
jobs threatened by these failures
746
safeguard procedures
41 937
jobs threatened by these procedures
"Several reasons explain the difficulties of agriculture: the deterioration in pig farming, agricultural calamities with the periods of frost, drought and floods that we have experienced, as well as tensions on the fishing sector, following the Brexit; tensions that continue with the Island of Jersey, which, for example, has granted 95 fishing licenses to French boats but has refused 75 at the same time."
- Max Jammot, Head of the economic department at Ellipshere
An economy between recovery and savings against a background of inflation
As the exceptional state support measures for the economy - the "Whatever it Takes" - are gradually being put in place, the French economy is showing a marked economic rebound: INSEE has raised its GDP growth forecast to 6.25% for 2021, while the Banque de France is expecting growth of 6.3%.
Collective procedures, a summer on the soft side
In this context, over the last twelve months to the end of September 2021, the number of business failures
(26,927 receiverships and direct judicial liquidations) and the number of safeguard procedures (748) have fallen, by 25.3% and 8.4% respectively. However, these falls are less significant than at the end of 2020 (-38% and -15.5% respectively).
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