2014 will be a difficult year for many sectors of the economy, as a result of the fact that consumption continues to be low and access to financing difficult. The insolvency market became structured in 2013 and its maturity has created a framework for restructurings conducted outside the insolvency procedure, the specialists from Casa de Insolventa Transilvania consider, realitatea.net informs. According to a report presented on wall-street.ro, food sector producers and the beneficiaries of subsidies and rents will be among those most exposed to financial difficulties in 2014, being set to face insolvency situations. “After five years of crisis it is more difficult to identify the sectors that are in a favorable moment compared to those that will have difficulties. Without an inflow of liquidities that would thaw consumption it is unrealistic to hope for a recovery. The credits reported to BNR are at a minimum level for the last two years, and the level of arrears is at a maximum level of over 15 per cent. We are most likely only midway through the crisis,” Rudolf Vizental, coordinating associate of Casa de Insolventa Transilvania (CITR), stated. According to BNR data, at the end of October 2013 the level of corporate loans stood at EUR 26.65 bln, compared to EUR 28.32 bln in October 2012. The loans dropped against the backdrop in which the share of arrears grew from 12.10 to 15.11 per cent.