European Union 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 | ||
| 5 | Croatia | 3.1 | 2013 | ||
| =6 | Poland | 3 | 2013 | ||
| =6 | Estonia | 3 | 2013 | ||
| =6 | Malta | 3 | 2013 | ||
| 9 | Czech Republic | 2.1 | 2013 | ||
| =10 | Portugal | 2 | 2013 | ||
| =10 | Luxembourg | 2 | 2013 | ||
| =10 | Hungary | 2 | 2013 | ||
| =10 | Slovenia | 2 | 2013 | ||
| =10 | Sweden | 2 | 2013 | ||
| =15 | France | 1.9 | 2013 | ||
| =15 | Lithuania | 1.9 | 2013 | ||
| 17 | Italy | 1.8 | 2013 | ||
| =18 | Spain | 1.5 | 2013 | ||
| =18 | Cyprus | 1.5 | 2013 | ||
| =18 | Latvia | 1.5 | 2013 | ||
| 21 | Germany | 1.2 | 2013 | ||
| =22 | Netherlands | 1.1 | 2013 | ||
| =22 | Austria | 1.1 | 2013 | ||
| =24 | Denmark | 1 | 2013 | ||
| =24 | United Kingdom | 1 | 2013 | ||
| =26 | Finland | 0.9 | 2013 | ||
| =26 | Belgium | 0.9 | 2013 | ||
| 28 | Ireland | 0.4 | 2013 |