Corporate, personal bankruptcies up in February

A total of 131 Czech companies filed for bankruptcy in February, which was 46 more than in the previous month, according to a study by the consultancy CRIF Czech Credit Bureau released on Tuesday. Last month also saw 574 bankruptcies of self-employed entrepreneurs, which was the highest number since 2008, and 180 more than in January. Meanwhile, 1941 personal bankruptcies were declared last month, up by 394 from the previous month and also the highest number since 2008, according to CRIF Czech Credit Bureau.

Author: Jan Richter