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Few companies going bankrupt despite recession; More need help

Despite an economic recession, relatively few companies are going bankrupt in the Netherlands. But entrepreneurs are facing problems, and more are seeking help, NOS reports after speaking with aid organizations that help businesses in trouble.

Joris knobenGeldfit zakelijkMichiel hordijkTilburg univeristyInstitute for smallStatistics netherlandsOver roodEntrepreneurial sounding boardFounder ralphMedium sized enterprises

Corona s debt repayment to the Tax and Customs Administration causes problems for entrepreneurs: ``In hindsight, I should have gone bankrupt

Corona s debt repayment to the Tax and Customs Administration causes problems for entrepreneurs: ``In hindsight, I should have gone bankrupt
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Ar riyaSaudi arabiaMichiel hordijkMichel hordeckeMartin rudolfiCustoms administrationCustoms departmentMedium enterprisesInstitute for smallSee debt

Most of the companies not repaying Covid loans on the verge of bankruptcy

About 70 to 80 percent of the over 60,000 who haven’t started repaying their coronavirus debts to the Tax Authority face bankruptcy. Many companies that have begun repaying their deferred taxes are also behind on those payments, Michiel Hordijk, director of the Institute for Small and Medium-sized Enterprises (IMK), told the Telegraaf.

Michiel hordijkMarnix van rijInstitute for smallTax authorityMedium sized enterprisesTax authoritiesSecretary marnix