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Decline in confidence in SME sector and pandemic to blame

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Decline in confidence in SME sector and pandemic to blame
Source: Photo by Timothy Eberly on Unsplash

The pandemic caused a clear drop in confidence in business, the study of the National Debt Register of the Economic Information Bureau and the Reliable Company showed. Almost half (47 percent) of companies from the SME sector declare that they trust their contractors less in the pandemic. In the case of 44 percent of companies, the trust remained at the same level, and only 8 percent of enterprises grew.

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