The long-term economic crisis takes today in German companies, of which there are more and more bankruptcy proceedings due to illiquidity.
Data published on Friday show that 5.7 percent more firms decided in March, but 12 months earlier. Statisticians take into account only the proceedings in which the competent court brought the first decision.
From the application of the application until the first court act may take up to three months.
Thus, the courts were recorded in January 1830 bankruptcies with total receivables of 5.3 billion euros. It is 12.8 percent more than in January 2024. The largest number of companies has again failed in the storage and transport sector.
Last year, the courts recorded 21,812 bankruptcy applications, and 22.4 percent more than in 2023. years, SEEbiz reports.
Germany Industrial and Trade Chamber (DIHK) evaluates that the bankruptcy wave is not over.
The main analyst of the DIHK Volker Treier said bankruptcy data warns a new ruling coalition and invite urgent starting to the rift economy.
Germany ended in recession for the past two years. The leading economic institutes now estimate that the economy will barely grow this year in the best time.
