New data on business registrations and bankruptcies from Eurostat shows that, in the third quarter of 2024, the number of bankruptcy declarations of EU businesses increased by 2.7% compared with the second quarter of 2024. At the same time, business registrations also went up by 2.2% compared with the second quarter of 2024. The number of bankruptcy declarations increased in most sectors compared to Q2, with the largest increases also recorded in transport (28.8%), information and communication (15.3%), and accommodation and food services (9.8%). Bankruptcy declarations decreased only in education and social activities (-16.3%) and the financial sector (-6.8%). To read Eurostat’s news release, go to https://ec.europa.eu/eurostat/en/web/products-eurostat-news/w/ddn-20241114-3.