Bisnode has published an aggregate report of bankruptcies and foundations for the second quarter of 2012. The report indicates a slight increase in bankruptcies and a decrease in the number of foundations. But it also tells a story of economic stability in the parts of Europe that are not directly affected by the government funding crises.
In spite of the financial crisis in the region, the Bisnode report indicates economic stability in the countries that are not directly affected. Businesses are still doing quite well in the Nordics and in the DACH (Germany, Austria and Switzerland) region. On an aggregate level, the report shows that the number of insolvencies in the region was up for the third consecutive quarter with an increase of 2.9 % compared to the first quarter.