The 2017 Dun & Bradstreet Global Bankruptcy Report shows that bankruptcy rates have declined in 16 out of 23 European countries while Economic growth is slowing. The UK is the only major European economy to record increasing bankruptcy rates in 2016 (10.1%) – due to a spike in the fourth quarter after the referendum voted in favour of a Brexit – and paradoxically also one of the fastest-growing economy. In compliance with most of the EU countries, the number of insolvency proceedings opened in France in 2016 has seen a decrease of 8.3% according to the 12th edition of the Deloitte Altares Report on the distressed businesses in France.
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