European Union Compared by Economy > 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 | 6.5 | 2009 | ||
| 2 | Slovakia | 4 | 2009 | ||
| =3 | Romania | 3.3 | 2009 | ||
| =3 | Bulgaria | 3.3 | 2009 | ||
| 5 | Croatia | 3.1 | 2009 | ||
| =6 | Poland | 3 | 2009 | ||
| =6 | Latvia | 3 | 2009 | ||
| =6 | Estonia | 3 | 2009 | ||
| =9 | Sweden | 2 | 2009 | ||
| =9 | Slovenia | 2 | 2009 | ||
| =9 | Greece | 2 | 2009 | ||
| =9 | Hungary | 2 | 2009 | ||
| =9 | Luxembourg | 2 | 2009 | ||
| =9 | Portugal | 2 | 2009 | ||
| 15 | France | 1.9 | 2009 | ||
| 16 | Italy | 1.8 | 2009 | ||
| =17 | Lithuania | 1.5 | 2009 | ||
| =17 | Cyprus | 1.5 | 2009 | ||
| 19 | Germany | 1.2 | 2009 | ||
| =20 | Netherlands | 1.1 | 2009 | ||
| =20 | Denmark | 1.1 | 2009 | ||
| =20 | Austria | 1.1 | 2009 | ||
| =23 | United Kingdom | 1 | 2009 | ||
| =23 | Spain | 1 | 2009 | ||
| =25 | Finland | 0.9 | 2009 | ||
| =25 | Belgium | 0.9 | 2009 | ||
| 27 | Ireland | 0.4 | 2009 |
