The latest Weil European Distress Index (WEDI) suggests an increase in corporate distress across Europe, which, as of February 2025, reached its highest level in six months. Germany and the UK (see paragraph above) have experienced particularly sharp increases, with German corporate surging to its highest level since July 2020, the height of the pandemic. Corporate distress also reached its highest level in France since August 2020. In contrast, the WEDI indicates that Spain and Italy have shown considerable resilience. Although distress levels saw a marginal quarterly rise, they have eased on a year-by-year basis. To read the Index, go to https://www.weil.com/articles/the-weil-european-distress-index.