Time to resolve insolvency reached 2.04 years in 2019 in the European Union, according to the National Statistical Office. This is 0% more than in the previous year.
Historically, time to resolve insolvency in the European Union reached an all time high of 2.50 years in 2003 and an all time low of 2.02 years in 2011.
European Union has been ranked within the group of 155 countries we follow in terms of time to resolve insolvency.
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