According to Eurostat, 1.5 million companies declared insolvency or bankruptcy during this period.

Omissions

• The claim does not define 'this period'; without a reference period the figure of 1.5 million cannot be assessed (it could only plausibly be reached as a multi-year cumulative total, whereas Eurostat's annual EU bankruptcy declarations are counted in the hundreds of thousands at most).
• Eurostat's quarterly press releases report only percentage changes and indices of bankruptcy declarations, not the absolute number of companies, so the claimed figure does not appear in them.
• The exact figure (1,500,000) does not appear in any source consulted; only related Eurostat material on bankruptcy declarations was found.

Sources

• PrimaryEurostat — Business registrations down, bankruptcies up in Q2 2026 (news release)registrations of businesses in the EU decreased by 0.5% compared with the first quarter of 2026, while bankruptcies increased by 5.7%. (Reports only percentage change, not an absolute number of companies.)
• PrimaryEurostat Statistics Explained — Quarterly registrations of new businesses and declarations of bankruptciesIn Q2 2026, the seasonally adjusted number of declarations of bankruptcies increased by 5.7% in the EU and by 6.9% in the euro area. (No absolute figure of 1.5 million companies is reported.)
• PrimaryEurostat — Business registrations and bankruptcies rise in Q3 2025 (news release)In the third quarter of 2025, the number of registrations of EU businesses increased by 4.0% ... the number of bankruptcy declarations increased by 4.4% compared with the second quarter of 2025. (Percentage changes only.)