8/8/2011 00:00:00
According to the data of the Confcommercio-Format Observatory on credit in the second quarter 2011 the companies that are not able to cope with their financial needs increase while the offer of credit by the banking system stiffens. The survey, covering the period April to June, also shows that for the second consecutive quarter the number of companies that have asked for a credit or to renegotiating an existing financing decreases (from 25.7% in the fourth quarter of 2010 to 22.4% in the second quarter of 2011).
