In #Finland, a record level of bankruptcies has been recorded since 1997. According to the country's statistical office, the number of bankruptcy applications reached more than 3,800 in the period from November 2023. The main contributor to this increase was the construction sector. The country is facing some of the worst economic indicators in #Europe, which is related to low demand, especially from #Germany, as well as #sanctions against #Russia and rising unemployment. Source: Банкста