ПРОБЛЕМА БАНКРОТСТВА В СТРАНАХ ЕС В СОВРЕМЕННЫХ УСЛОВИЯХ
THE PROBLEM OF BANKRUPTCY IN EU COUNTRIES IN MODERN CONDITIONS

Summary/Abstract: The relevance of conducting research on this issue results from the consequences of the COVID-19 pandemic, which fundamentally changed the global economy, provoking a global recession. Legal entitiessuffered significant losses, being the main subjects of economic activity, and, as a result, individuals becameinsolvent. This was followed by the energy crisis, which caused a second recession and massive bankruptcyof businesses and individuals – consumers. Under the conditions of a difficult epidemiological, economicand geopolitical situation, the EU countries were forced to create additional legal mechanisms in order tomore effectively regulate the institution of bankruptcy. The aim of the study is to analyze the consequencesof the COVID-19 pandemic and the energy crisis, their impact on the growth of bankruptcies in EU countriesand measures taken to improve the economy and protect the fundamental rights of individuals to return themto economic circulation. The trends and conclusions formulated by the author allowed to emphasize theimportance of applying bankruptcy proceedings. The article uses theoretical and empirical research methods.

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