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 | Greece | 3.5 | 2013 | ||
| =3 | Romania | 3.3 | 2013 | ||
| =3 | Bulgaria | 3.3 | 2013 | ||
| =3 | Turkey | 3.3 | 2013 | ||
| =3 | Bosnia and Herzegovina | 3.3 | 2013 | ||
| 7 | Croatia | 3.1 | 2013 | ||
| =8 | Poland | 3 | 2013 | ||
| =8 | Malta | 3 | 2013 | ||
| =8 | Switzerland | 3 | 2013 | ||
| =8 | Belarus | 3 | 2013 | ||
| =8 | Estonia | 3 | 2013 | ||
| 13 | Ukraine | 2.9 | 2013 | ||
| 14 | Moldova | 2.8 | 2013 | ||
| =15 | San Marino | 2.3 | 2013 | ||
| =15 | Azerbaijan | 2.3 | 2013 | ||
| 17 | Czech Republic | 2.1 | 2013 | ||
| =18 | Russia | 2 | 2013 | ||
| =18 | Sweden | 2 | 2013 | ||
| =18 | Albania | 2 | 2013 | ||
| =18 | Slovenia | 2 | 2013 | ||
| =18 | Serbia | 2 | 2013 | ||
| =18 | Hungary | 2 | 2013 | ||
| =18 | Kosovo | 2 | 2013 | ||
| =18 | Georgia | 2 | 2013 | ||
| =18 | Luxembourg | 2 | 2013 | ||
| =18 | Portugal | 2 | 2013 | ||
| =28 | Armenia | 1.9 | 2013 | ||
| =28 | Lithuania | 1.9 | 2013 | ||
| =28 | France | 1.9 | 2013 | ||
| =31 | Republic of Macedonia | 1.8 | 2013 | ||
| =31 | Italy | 1.8 | 2013 | ||
| =33 | Latvia | 1.5 | 2013 | ||
| =33 | Cyprus | 1.5 | 2013 | ||
| =33 | Spain | 1.5 | 2013 | ||
| 36 | Montenegro | 1.4 | 2013 | ||
| 37 | Germany | 1.2 | 2013 | ||
| =38 | Austria | 1.1 | 2013 | ||
| =38 | Netherlands | 1.1 | 2013 | ||
| =40 | Denmark | 1 | 2013 | ||
| =40 | Iceland | 1 | 2013 | ||
| =40 | United Kingdom | 1 | 2013 | ||
| =43 | Finland | 0.9 | 2013 | ||
| =43 | Belgium | 0.9 | 2013 | ||
| =43 | Norway | 0.9 | 2013 | ||
| 46 | Ireland | 0.4 | 2013 |
