Insolvent firms pose a risk to the financial system, but they could also conceivably slow recovery if their insolvency prevented them from making new loans.

破产企业为金融体系带来风险，但是如果其破产无法提供新的贷款可以想见他们会缓慢复苏的进程。

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But in reality many companies appear unable to repay debt and insolvent circumstances, the road will have to go bankrupt, the insolvency law also increasingly widespread use.

但是现实中很多企业出现资不抵债的情况，不得不走向破产的道路，因此破产法的适用日益广泛。

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On Monday, the Insolvency Service said the number of people declared insolvent in 2007 was 106, 645, just slightly below the record high in 2006, while bankruptcies were up 2.4%.

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Trying to discover what holds back entrepreneurs, the commission last year examined insolvency regimes and found that many countries treat honest insolvent entrepreneurs more or less like fraudsters, though only a tiny fraction of bankruptcies involve any fraud at all.

ECONOMIST: European entrepreneurs