Medium-term Forecast of Bankruptcy Employee Protection Insurance Events in Austria and Assessment of Liquidity and Insolvency Risks Among Companies in the Course of and After the Government Support Measures During the COVID-19 Pandemic

Bankruptcy employee protection insurance events in Austria are estimated until 2025 using a medium-term forecasting model. The COVID-19 crisis and the related government measures have changed the relationship between corporate insolvencies and economic activity, so that possible catch-up effects after the end of the government support measures are taken into account in the forecast. Estimates of liquidity and insolvency risks for Austria's firms serve here as a basis.