French corporate insolvencies decline as economy picks up steam

May 26, 2015 12:02 PM

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May 26 French corporate insolvencies continued to fall in April, data showed on Tuesday in the latest sign of an upturn in the euro zone's second largest economy.

Figures published by French trade insurance company Coface showed there were a total of 62,473 corporate failures in the 12 months till end-April, 2.7 percent down on the previous year.

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