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Personal Bankruptcies in Slovakia Drop 9% in May to 587 Cases

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Slovakia recorded 587 personal bankruptcies in May, representing a 9 percent decrease compared to the same month last year. Men continued to account for a significantly higher proportion of bankruptcy cases than women. The decline suggests an improving trend in personal financial stability, though bankruptcy remains a significant issue affecting hundreds of Slovaks monthly as individuals struggle with unmanageable debt burdens.

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