Germany faces deepening insolvency crisis as bankruptcies surge across multiple sectors

Germany is facing a continued rise in corporate bankruptcies, with new figures showing that business failures increased again in October. According to preliminary data from the Federal Statistical Office, insolvency proceedings rose by 6.5 percent compared with the same month last year. Final figures for August show a steeper increase. Local courts reported 1,979 corporate … Continue reading Germany faces deepening insolvency crisis as bankruptcies surge across multiple sectors