Corporate insolvencies in Germany rose last year to their highest level in two decades, according to data published on Thursday by a leading economic research institute, reported dpa.
The number of bankruptcies increased sharply in December, standing 75% above the average level for the month in the years 2016 to 2019, before the Covid-19 pandemic, the analysis showed.
A total of 1,519 insolvencies were recorded in December alone, the Halle Institute for Economic Research (IWH) said.
For the full year 2025, insolvencies reached 17,604 cases, around 5% higher than during the global financial crisis in 2009, according to the institute.
The elevated insolvency levels can no longer be explained solely by…