Eastern Europe Compared by Government > Red tape > Time to resolve insolvency > Years
DEFINITION:
Time to resolve insolvency (years). Time to resolve insolvency is the number of years from the filing for insolvency in court until the resolution of distressed assets.
CONTENTS
| # | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
|---|---|---|---|---|---|
| 1 | Slovakia | 4 | 2013 | ||
| =2 | Bosnia and Herzegovina | 3.3 | 2013 | ||
| =2 | Bulgaria | 3.3 | 2013 | ||
| =2 | Romania | 3.3 | 2013 | ||
| 5 | Croatia | 3.1 | 2013 | ||
| =6 | Belarus | 3 | 2013 | ||
| =6 | Poland | 3 | 2013 | ||
| 8 | Ukraine | 2.9 | 2013 | ||
| 9 | Moldova | 2.8 | 2013 | ||
| 10 | Azerbaijan | 2.3 | 2013 | ||
| 11 | Czech Republic | 2.1 | 2013 | ||
| =12 | Georgia | 2 | 2013 | ||
| =12 | Kosovo | 2 | 2013 | ||
| =12 | Hungary | 2 | 2013 | ||
| =12 | Serbia | 2 | 2013 | ||
| =12 | Slovenia | 2 | 2013 | ||
| =12 | Albania | 2 | 2013 | ||
| =12 | Russia | 2 | 2013 | ||
| 19 | Armenia | 1.9 | 2013 | ||
| 20 | Montenegro | 1.4 | 2013 |