16 businesses closed each day in Malaga | LISTAndalucia

16 businesses closed each day in Malaga | LISTAndalucia: "Confederation of Malaga Employers (CEM) said today that during 2009 an average of 16 companies closed each day in the province of Malaga. Some shut down voluntarily, some declared bankrupt.
With more than 6.000 businesses closed in 2009, a more modest number of 2.000 – 2.500 is thought to be closing down through 2010.
It was also claimed that the GDP of Malaga was to decrease by some 0,5 % this year, and was down a staggering 4,1 % last year."

Posted in: Confederation of Malaga Employers (CEM)