skip to main content
European Commission Logo
en English
Newsroom

Overview    News

Modern insolvency rules: EU Ministers back Commission proposal to give honest businesses a second chance

National ministers in the Justice Council back the Commission's proposal to modernise European rules on cross-border insolvency.

date:  06/06/2014

The modernised Insolvency Regulation will provide a new approach to help businesses overcome financial difficulties, shifting the focus away from liquidation, while protecting creditors' right to get their money back.

Press memo
Press release on proposal (12/12/2012)

Related Growth Website