Translation of "In insolvenz gehen" in English

You become bankrupt or suffer analogous proceedings anywhere in the world

Their only advice was to let it go bankrupt.

Third , the simple statement that « if banks are too big to fail , they are probably too big to exist » is a reasonable rule .

For example, the Dodd-Frank legislation specifies that all large financial institutions should draw up meaningful “living wills” – specifying how they could be allowed to fail, unencumbered by any kind of bailout, if they again became insolvent.

Additionally, the central bank acts as “lender of last resort” to commercial banks considered “too big to fail.”

Relevant authorities should be equipped to actively use existing or, if necessary, new preventative powers to ensure, in advance of a crisis, that banks can be wound down in an orderly manner.

That is why the Commission will propose in the next few months a comprehensive framework for the resolution of failing banks – to ensure that banks can fail, in an orderly manner, and that taxpayers don’t have to pay when there are difficulties.

In the current situation, where Eu solar manufactures are going bankrupt and the industry is being destroyed by the massive subsidisation and dumping of Chinese solar panels in the EU, the immediate objective of EU ProSun is to have the EU recreate a level playing field with China.

While traditional retail companies like Neckermann are going bankrupt, newcomers like Zalando are generating a billion in sales by being radically close to employees, data and customers, i.e., zero distance.

Nevertheless, the "markets" (read Rothschild/Soros) have serious concerns: These countries are trapped, will have to take more loans to repay their debts – and finally end up in insolvency.