The financial cost, i.e. total outstanding amounts of the insolvent
companies, reached 4.64 billion euros, a level close to that at the
peak of the crisis. The percentage against GDP (0.22%) decrease
of 0.4 percentage point. The social cost was also high, with
192,771 jobs threatened by these insolvencies in one year, but is
6.4% lower than in the preceding twelve months.