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Milano Finanza conducted an interesting in-depth study on the trend of corporate crisis management in Italy.
Starting from the data released by the Cherry Sea Observatory, according to which new judicial liquidation and bankruptcy procedures opened in 2023 increased by 26% compared to 2022, experts in the sector were interviewed.

High interest rates, difficulties in accessing credit, and an increasingly unstable macroeconomic and geopolitical context all contribute to aggravating the distressed situation of the Italian entrepreneurial fabric. 
According to Mirko Tramontano, CEO of My Credit, 'we are in a historical moment where the indebtedness of companies, especially SMEs, has become a social problem of systemic relevance. It is evident how substantial is the commitment of the financial world, among others, which, while respecting the economic interests involved, can be of help to the weak part of the market. With this in mind, the social securitisation project was recently presented, the first in Italy to be supported by an institutional investor, My Credit, with a significant capital contribution. A first step in reducing the distance between creditor and debtor'.

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