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What will be the total number of German corporate bankruptcies in 2024?
3
Resolution / Starting Odds
Less than 20,000 • 25%
20,000 to 24,999 • 25%
25,000 to 29,999 • 25%
30,000 or more • 25%
Official statistics from German Federal Statistical Office
Story
German Bankruptcies Surge 13.5% YoY in July to Decade High
Aug 9, 2024, 09:02 AM
The number of bankruptcies in Germany rose unexpectedly in July, reaching the highest level in about ten years. Preliminary indicators show that regular corporate insolvencies increased by 13.5% year-on-year in July. In May, insolvencies had already risen by almost a third from the previous year, with a confirmed growth rate of 30.9% year-on-year, reflecting creditors' claims.
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