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Bankruptcy Law report shows case backlog affected

A report on Slovakia's Bankruptcy Law, which was to be discussed in cabinet August 15, has identified weaknesses in the law that caused a 6,188 case backlog by the end of June in Bratislava Regional Court alone.

Slovakia's tardiness in bringing bankruptcy cases to court and processing them has been criticised by institutions such as the IMF and World Bank as well as the European Union.

Representatives of the Slovak judiciary say that a paucity of resources hampers their efforts to process cases more quickly.

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