Bankruptcies growing “at rate of 20 per day”

A survey by risk management company Ignios shows that while there are “less companies in difficulties resorting to the courts, the number of bankruptcies is growing”. In the first eight months of 2016, 2,474 businesses went bust – “819 more than during the same period last year, which represents an increase of 49.5%”, writes Diário de Notícias. The “most significant” rise in business failures was registered in Porto and Lisbon.