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Eastern Europe Compared by Government > Time to resolve insolvency > Years

DEFINITION: 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 Czech Republic 9.2 years 2006
2 Belarus 5.8 years 2006
3 Romania 4.6 years 2006
=4 Albania 4 years 2006
=4 Slovakia 4 years 2006
6 Russia 3.8 years 2006
=7 Bosnia and Herzegovina 3.3 years 2006
=7 Georgia 3.3 years 2006
=7 Bulgaria 3.3 years 2006
10 Croatia 3.1 years 2006
11 Poland 3 years 2006
12 Ukraine 2.9 years 2006
13 Moldova 2.8 years 2006
14 Azerbaijan 2.7 years 2006
15 Serbia and Montenegro 2.6 years 2004
=16 Hungary 2 years 2006
=16 Slovenia 2 years 2006
18 Armenia 1.9 years 2006

Citation

Eastern Europe Compared by Government > Time to resolve insolvency > Years

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