(ANSA) - Milan, March 4 - Some 111,000 Italia companies went
bust in 2013, one of the worst years since the 2008 global
financial crisis, according to figures from the Cerved research
agency obtained by ANSA Tuesday.
Bankruptcies and liquidations were 7.3% up on 2012, beating
all records, the survey said, with industry particularly hard
hit, especially in the once-booming north-east.
Italy's longest postwar recession officially ended with
flat growth in the third quarter of last year and a 0.1% rise in
the last quarter but unemployment is still running at a record
high and businesses are struggling to recover.