Some 1,200 Croatians owing €118 million filed for bankruptcy

In the two and a half years since the entry into force of the Consumer Bankruptcy Act which introduced personal bankruptcy proceedings, from early 2016 to mid-2018, 1,204 Croatians filed for bankruptcy with the Financial Agency (Fina), with 69.9 percent of these cases resulting in failed out-of-court settlements. Pročitaj više