Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a second chance quickly.
Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a second chance quickly. Germany continues to perform above the EU average in this area. Together with Finland and the Netherlands, it is one of the three top performing Member States. Its strong position is based mainly on the efficiency of its insolvency framework. As a result, the cost and the time required to resolve insolvencies are low compared to other EU Member States.
Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a Second chancequickly. Overall, taking into account also the indicators on fear of failure rate and strength of insolvency framework, Bulgaria’s score on this SBA principle is in line with the EU average. However, the biggest concern remains the long time it takes to resolve insolvency (3.3 years), which is among the four poorest performances in the EU. On the other hand, Bulgaria has one of the lowest proportions of people with business opportunities who fear potential failure.
Examples of Second chance in a sentence
Second chance for entrepreneurs, discharge periods, opening of insolvency and restructuring proceedings, filing of claims and their verification, promotion of restructuring plans.
Second chance pre-condition mode shall initiate when engine speed is between 2200 and 2800 RPM and continue for 180 seconds.
House Gov Ops Amendment LCPR10-8A (Poppe): MnSCU/TRA; Second chance referendum for certain IRAP member.
Second chance idle test shall start when the vehicle engine speed is between 350 and 1100 RPM.
Second chance checking accounts have also emerged as a growing product for those individuals who had a bank account in the past but incurred several overdraft charges that made them risky customers to banks.
More Definitions of Second chance
Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a second chance quickly. This is the SBA area where Hungary performs worst. As last year, it scores well below the EU average. In fact, it features among the three worst performing EU countries in this SBA domain. Since 2008, not much progress has been made. Except for the duration of insolvency procedures, which remain on a par with the EU average, the insolvency framework is weaker than elsewhere in the EU. This includes the costs of insolvency, which are almost 50 % higher in Hungary than in the EU in general. The fact that the degree of support for a second chance is much lower than in the EU in general ties in with the fact that, to date, no nationwide awareness-raising campaign to combat the stigma of business failure, as recommended by the SBA, has been implemented.
Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a second chance quickly. As last year, the United Kingdom scores well above the EU average in this area. It continues to be one of the forerunners in the EU. The main reason is the short and cost-effective insolvency procedure. Related to this, the United Kingdom features a relatively low fear-of-failure level among its adult population. There still seems to be room for improvement as regards the insolvency framework, though, given that its average score is low. The particular areas affected are the commencement of proceedings, management of debtors’ assets, the reorganisation of proceedings and appropriate participation of creditors.
Second chance means ensuring that honest entrepreneurs who have faced bankruptcy get a second chance quickly. The Netherlands performs above the EU average also in this area. As with Entrepreneurship it ranks in the top three of all EU- 28 Member States. The strength of its performance is rooted in its efficient insolvency framework. The process of resolving insolvency is much faster and costs much less than in the EU in general. This may contribute to the relatively low rate of fear of failure in the Netherlands. This is the only indicator which has
Second chance here clearly means a chance after death. I know many think of Lewis as holding that there are such second chances.9 If he did, here, in answer to this objection, would be the place to say: “Well, I do think there will be such chances!” Instead, we get the contortion above, which really seems to be suggesting instead that by the time of
Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a second chance quickly. In this area, Italy’s performance is below the EU average, and the trend since 2008 is going down. Compared to last year, the results remained mostly stable. The newly-introduced indicator on the insolvency framework index, which evaluates the insolvency proceedings for creditors, the management of debtor’s assets and reorganisation proceedings, shows that there is better insolvency legislation in place to protect the rights of both creditors and debtors than in most other EU countries.
Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a Second chancequickly. The Czech Republic’s performance was in line with the EU average. This was also the area in which the country has made considerable progress (second only to State aid & public procurement) since 2008.
Second chance means ensuring that honest entrepreneurs who have gone bankrupt get a second chance quickly. Greece´s performance has improved to be on a par with the EU average compared to last year. This is due to a significant drop in the fear of failure rate from 61 % last year to less than 47 % this year. This is one of the sharpest increases in positive business sentiment in the entire EU. It is also in line with the more moderate recent improvements on a number of entrepreneurship indicators. It is too early, though, to see this improvement as a sign of a more permanent upturn in business sentiment. The fear of failure is still one of the highest in the entire EU. It is partially explained by the persisting difficult environment entrepreneurs who want to start a new business after a previous failure face. The key challenge remains to reduce the amount of time it takes to complete insolvency procedures, still among the most time-consuming in the entire EU.