In the third quarter of 2023, the number of bankruptcy declarations of EU businesses decreased by 5.8% compared with the previous quarter. Overall, the number of bankruptcy declarations in 2023 has been higher since the pre-pandemic period (i.e. the fourth quarter of 2019).
In the same period, registrations of new businesses slightly increased for the third quarter in a row. Compared with the second quarter of this year, they went up by 0.7%. Generally, the number of business registrations in the second and third quarters of 2023 has been higher than in the 2015-2022 period.
This information comes from data on business registrations and bankruptcies published by Eurostat today. Since February 2023, the…
