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More EU firms face bankruptcy - Eurostat

1 month ago   |   By RT

The number of petitions for insolvency has grown for a fourth consecutive quarter
The number of bankruptcy declarations in the EU increased by 2.2% in the April-June period of 2022, the latest data from the European statistics agency Eurostat shows.
“ In the second quarter of 2022, the seasonally adjusted number of declarations of bankruptcies increased by 2.2% in the EU and by 2.5% in the euro area, compared with the first quarter of 2022 ,” the agency said in a report published on Wednesday.
The agency does not give the exact number of declarations, only the percentage. According to...
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