TITLE

MACEDONIA'S BANKRUPTCY POLICY IMPROVING

PUB. DATE
April 2013
SOURCE
Macedonian Business Monthly;Apr2013, Issue 129, p6
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the improvement in the bankruptcy policy of Macedonia, according to the study "Doing Business 2013," by the World Bank. The report shows that the country's bankruptcies and the terms of return of creditors' claim have become more efficient. It adds that Macedonia creditors get 42.2 cents from a dollar, but it is nearly two times below than the creditors' settlement in OECD countries where capital return is 7.6 cents from a dollar.
ACCESSION #
87658178

 

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