Now playing Next Good Morning Europe Thomas Cook collapse: businesses and employees in Crete in limbo Businesses and tourism workers across Europe are feeling the shockwaves of Thomas Cook's collapse. In Greece, people working for the company's hotels fear they will not get paid. Today, the UK Civil Aviation Authority announced over 16,000 holidaymakers will be flying back to the country. 25/09/2019
Now playing Next Business Thomas Cook in last ditch talks over €220 million bailout The iconic British firm is just hours away from collapse if it can't reach a deal. 20/09/2019
Now playing Next USA Gibson goes looking for the lost chord as the company files for bankruptcy Declining guitar sales and a flawed diversification four years ago have dragged the legendary guitar-maker into crisis. 02/05/2018
Now playing Next United Kingdom Toys R Us goes into administration in the UK It's hoped all or part of the British unit of Toys R US, which operates more than 100 stores across the UK, will be sold. 01/03/2018
Now playing Next world news Reader poll: who should be Euronews' Business Personality of the Year? Euronews wants your help to choose our personalities of the year. You can vote at facebook.com/euronews. 18/12/2017
Now playing Next Germany Founder of Germany phamarcy chain Schlecker given suspended sentence The family behind what was once one of Germany’s biggest pharmacy chains, Schlecker, have been sentenced over the company’s collapse. Almost 50,000 27/11/2017
Now playing Next business planet Back from bankruptcy and how to avoid it This week Business Planet visits Ghent, Belgium to learn about what's being done to help businesses avoid bankruptcy and rebound from it. 19/05/2017
Now playing Next World Argentina continues its default dance with the 'vultures' With no last-minute deal Argentina is in technical default on repaying some of its debts, which sent supporters of President Cristina Fernández de 31/07/2014
Now playing Next My Europe Series Help! My business is collapsing It is the hope of any business: achieving sustainable growth and confidence. But in these tough economic times it has become increasingly difficult 10/12/2012
Now playing Next My Europe Series Fierce debate over “bankruptcy tourism” As Brussels considers reforming European insolvency laws, to modernise rules drawn up 12 years ago, there is growing debate about the practice of 10/12/2012
Now playing Next My Europe Series The human impact of insolvency Right On’s Seamus Kearney spoke to the owner of an insolvent business in Berlin to get a feel for the human impact of a business collapsing. He also 10/12/2012
Now playing Next business planet Business Planet battles bankruptcies One of Europe’s hard realities is the fact that only one in two companies lasts five years or more. 90% of bankruptcies are due to liquidity 30/11/2012
