Report: Insolvencies in Germany up by 25%, with more to come in 2025

NAMPA / DPA

2024-12-16

Frankfurt (dpa) - Insolvencies among German businesses were up by almost 25% this year, credit bureau Creditreform said on Monday, as firms are grappling with rising energy prices, the ailing economy and the fallout from the coronavirus pandemic. With no signs of improvement, the number of insolvencies is expected to rise to record levels in 2025, the credit bureau said. "The surge is turning into a wave, and this will continue in 2025," Creditre......

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