Company Distress Levels in Europe Rise for First Time Since 2016
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The number of distressed companies in Europe, the Middle East and Africa rose in the first half for the first time in more than two years, according to a report by Moody’s Investors Service.
Moody’s list of distressed companies rose to 47 from 39 in the first half of the year, according to the report published on Thursday. It’s the first time the list increased since the end of 2016.