NATO countries Compared by Government > Time to resolve insolvency > Years
DEFINITION:
Time to resolve insolvency is the number of years from the filing for insolvency in court until the resolution of distressed assets.
CONTENTS
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| # | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
|---|---|---|---|---|---|
| 1 | Czech Republic | 9.2 years | 2006 | ||
| 2 | Turkey | 5.9 years | 2006 | ||
| 3 | Romania | 4.6 years | 2006 | ||
| =4 | Albania | 4 years | 2006 | ||
| =4 | Slovakia | 4 years | 2006 | ||
| 6 | Bulgaria | 3.3 years | 2006 | ||
| 7 | Croatia | 3.1 years | 2006 | ||
| =8 | Denmark | 3 years | 2006 | ||
| =8 | Estonia | 3 years | 2006 | ||
| =8 | Latvia | 3 years | 2006 | ||
| =8 | Poland | 3 years | 2006 | ||
| =12 | Portugal | 2 years | 2006 | ||
| =12 | Hungary | 2 years | 2006 | ||
| =12 | Greece | 2 years | 2006 | ||
| =12 | Slovenia | 2 years | 2006 | ||
| 16 | France | 1.9 years | 2006 | ||
| =17 | Lithuania | 1.7 years | 2006 | ||
| =17 | Netherlands | 1.7 years | 2006 | ||
| =19 | Italy | 1.2 years | 2006 | ||
| =19 | Germany | 1.2 years | 2006 | ||
| =21 | Iceland | 1 years | 2006 | ||
| =21 | Spain | 1 years | 2006 | ||
| =21 | United Kingdom | 1 years | 2006 | ||
| =24 | Belgium | 0.9 years | 2006 | ||
| =24 | Norway | 0.9 years | 2006 | ||
| 26 | Canada | 0.8 years | 2006 |
Citation
Interesting observations about Government > Time to resolve insolvency > Years
- India ranked first for time to resolve insolvency > years amongst Emerging markets in 2006.
- Ecuador ranked first for time to resolve insolvency > years amongst Christian countries in 2006.
- Chad ranked first for time to resolve insolvency > years amongst Hot countries in 2006.
- Czech Republic ranked first for time to resolve insolvency > years amongst High income OECD countries in 2006.
- Turkey ranked second for time to resolve insolvency > years amongst Europe in 2006.
- France ranked first for time to resolve insolvency > years amongst Group of 7 countries (G7) in 2006.
- Jordan ranked first for time to resolve insolvency > years amongst Heavily indebted countries in 2006.
- Philippines ranked first for time to resolve insolvency > years amongst East Asia and Pacific in 2006.
- Ireland has ranked last for time to resolve insolvency > years since 2003.
- Romania ranked second for time to resolve insolvency > years amongst European Union in 2006.
