Continuing crisis leads to record bankruptcies in February

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.

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