At EU level, insolvency statistics are viewed as a means of measuring the efficiency of national insolvency frameworks from a cross-border investment angle. It is true that insolvency figures are generally used as a tool to measure the country’s good social and economic health. From a creditor’s perspective, these insolvency statistics can be used as an indicator to enable them to secure their choice in lending in one Member State rather than another. From a debtor’s point of view, figures can also highlight the successfulness of a specific type of proceedings rather than another.
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