Estimates of company insolvency risk due to the coronavirus in Finland 2020
According to surveys from March and May 2020, roughly 30 percent of the Finnish companies estimated that their business faces a significantly higher risk of insolvency because of the coronavirus (COVID-19) outbreak. The share of companies dealing with a possible insolvency risk first was 30 percent in March, decreasing to 23 percent by June. At the same time, nearly 77 percent of the respondents did not report an increased probability of insolvency as of June 2020.
