Bankruptcy rate falls again in the third quarter

The number of companies going bankrupt fell 20% in the third quarter of this year as the economic recovery starts to kick in.


In total, 1,557 companies closed down, compared with nearly 2,000 in the same period in 2009.
‘There has been a significant fall in the number of bankruptcies for the second three months in a row,’ Sabine Besselink, of Dun & Bradstreet told news agency ANP.
But there are very sharp regional variations. The drop was strongest in Friesland, where the number of bankruptcies fell by 48%. In Zeeland and Groningen provinces the decline was just 2%.

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