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Continuing crisis leads to record bankruptcies in February

Monday 11 March 2013

A total of 755 Dutch companies went bankrupt in February, the highest number ever recorded in a single month, the national statistics office CBS said on Monday.

The figures do not include one-man operated companies, the CBS said.

The CBS usually calculates the bankruptcy rate on the basis of three-month periods, because of strong fluctuations in the number of company court sittings.

Taking this into account, the February average would be 680, the highest total since records began in 1981, the CBS said.

© DutchNews.nl



 

Readers' Comments

The figures do not include one-man operated companies.
------------------

Your sexism is showing. Try sole proprietor or one person.

By Puck | 11 March 2013 4:01 PM

No problem, more austerity Mr Rutte, and warm up the printing presses for some more quantitative easing. Idiots!

By The lunatic fring | 11 March 2013 4:22 PM

This is the wreckage of the EU's failed policies. These businesses are gone for good. Perhaps some were weak and poorly run, but many could have survived with a sound fiscal and monetary policy.

By Dave | 11 March 2013 5:51 PM

'Had we followed Iceland's example, would we have been better off I wonder?

I'm pretty sure a few banksters have cashed-in from these bankruptcies, if so, how disgraceful!!

By The visitor | 11 March 2013 6:15 PM

'And to know that 'Christian Sunday Shopping Laws' are still in use by a minority vote? How does that help in times of austerity, well Mr.Rutter? :P!

By The visitor | 11 March 2013 6:20 PM

What's your solution Lunatic?
Even the foodie review to the right says how places are all going broke.
It's a shame, but what is the solution?

By Bentley | 11 March 2013 6:35 PM

Exceptional talents came to Netherlands and pass to United States or return back for decent jobs and income. With the current orientation NL does not have the potential for next google, amazon, samsung etc. but have companies losing to competition like KPN, imtech, Tomtom.

These are still the good days. Considering existing corporate culture and shortsightedness, even rock solid companies may be in danger. No body will pay for so many corporate meetings and consultants.

By Utku Tekinel | 11 March 2013 8:07 PM

@Bentley

Solution. Stop bailing out corrupt private banks, and forcing austerity onto the cash strapped taxpayer, the SNS failure has cost us 10 billion so far. The solution is quite simple, Bentley?

By Lunatic fringe | 11 March 2013 9:38 PM

@visitor

Yup, it's the Christians who are causing the recession LOL. Fact is people are no longer spending on the high street, it makes no difference if they are open 24/7 the good citizens are being fleeced by inflation and austerity taxes. But we need a scapegoat, sounds worryingly familiar, will it be yellow stars this time, any ideas Visitor?

By Pio | 11 March 2013 10:02 PM

Mr. Rutte should encourage CEOs of big companies to fire more people and offer themselves a fat bonuses for saving costs. Dutch Polder model and confuse to convince is killing dutch economy

By sandra | 11 March 2013 11:06 PM

Solution? Once you go Iceland, you never go Benanke.

By rebel | 12 March 2013 8:47 AM

 
 
 
 
 
 
 
 
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