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1281 days ago • Posted by Charles-Henry Monchau

According to McKinsey, over half Europe's small firms fear for survival

Over half the small and medium-sized companies which together provide jobs for two-thirds of European workers fear for their survival in the coming 12 months, according to a survey released by management consultancy McKinsey on Thursday. The McKinsey survey of more than 2,200 companies in five countries - France, Germany, Italy, Spain and Britain - found that 55% expected to shut down by September next year if their revenues remained at current levels - source: McKinsey, The Market Ear.

#Macro
Over half Europe's small firms fear for survival
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