The creditors' patience has ended

According to the survey of Coface Hungary; Many more companies initiates liquidation against non-paying partners. The Hungarian business insolvency index increased by 26 percent.

The datas of the first half of 2010 clearly show that the number of insolvent companies have continue to increase drastically. The 21.8 percent increase rate of last year’s first half and the 26 percent increase in the first half of this year reflects on the prolonged impact of the crisis. 2009, the year of crisis has not gone without a trace, a number of claims were deferred to 2010.