Kosovo, 355 businesses went bankrupt in six months

Until the first half of this year, 355 businesses have gone bankrupt , when it recorded 2 504 thousand new businesses . The number of registered businesses is that yells the first quarter of this year , this tremujot who had the highest regard Pee number of new businesses registered . So says the latest estimate by the CBK .
Business bankruptcy is not a good signal for investment climate in Kosovo . While in Kosovo the number of bankrupt businesses and fall registration number of new businesses , economic experts say it is as a result of unfavorable climate for doing business , as well as high rates of loans to businesses . While MTI officials have said that the Minister of Trade and Industry is committed to further work to improve the environment for doing business , the protection and promotion of local production , writes World Today .
Milazim Abbas , says economic expert of the reasons that may lead to the bankruptcy of a business are numerous , such as lack of funds , high interest rates on bank loans for businesses , big competition , etc. underdeveloped market .

According to him , small businesses can not develop without bank loans in favorable conditions , and not the ability to pay credit obligations may be one of the causes . / World Today /