The number of bankruptcies decreased in July after an increase in June, Statistics Netherlands (CBS) reported. The number of bankruptcies showed a monthly decrease for the first time in three months. Annually, however, the number of bankruptcies has been higher for 15 months in a row than in the same months a year earlier.
According to CBS, 49 fewer companies were declared bankrupt in July than in June. That is a decrease of 16 percent. In June, there was still an increase of 19 percent on a monthly basis. The number of declared bankruptcies peaked at 911 in May 2013. After that, bankruptcies decreased until August 2017. Subsequently, the trend remained fairly flat until mid-2020.
Since then, the number of bankruptcies has decreased furt…
Read the full article at: https://nltimes.nl/2023/08/11/fewer-bankruptcies-first-time-three-months