Corporate #insolvency rules vary widely across the EU 🇪🇺
This hinders cross-border investments, leads to limited & slow value recovery and high judicial costs.
Harmonizing the rules will create a level playing field & generate benefits of + € 10 billion/year.
🐦🔗: https://n.respublicae.eu/dreynders/status/1600522004624465928
Read more about @EU_Commission's proposal for harmonised corporate #insolvency rules
https://ec.europa.eu/commission/presscorner/detail/en/ip_22_7348
#CMU
🐦🔗: https://n.respublicae.eu/dreynders/status/1600522010634985472