Ireland – almost 50% of Irish companies are showing signs of business failure! But: The first 4 weeks of July 2012 saw 131 Irish company insolvencies being registered.This figure represents a 15% drop on the same period in 2011

And: Irish Courts awarded 345 registered judgments in favour of creditors for unpaid debts in July. Total value : €27.5m, this is an average per judgment of just over €76 600 (= 76% increase on the average value recorded in July 2011).Banks received over €18m in judgment awards whilst Credit Unions received the most awards in their favour (73).