Global Recession & Negative Net Worth: Irish Case Example
Sunday, February 1st, 2009“Fifth of companies in Ireland have negative net worth.” Now, that’s a headline that grabs your attention! It’s an indicator of the global recession and its impact on the “Celtic Tiger”. According to ICC Information, a OneSource partner, 21% of Irish registered firms have a negative net worth with the hardest hit sectors being construction, property »more...
