(Corporate insolvencies) Corporate insolvencies during COVID-19: keeping calm before the storm (Grégory Clayes, Mia Hoffmann and Guntram B. Wolff, Bruegel)

Measures in major economies have protected companies from COVID-19 related insolvency, but have also protected weak firms. Nevertheless, support should remain as long as necessary, while cumbersome insolvency processes should be reformed for the long term.