According to the Halle Institute for Economic Research (IWH), 4,996 companies filed for insolvency between April and June, a 9% increase from the previous quarter and the highest second-quarter total since 2005.
The rise affected nearly all major sectors of the economy, including construction, real estate, trade, hospitality, and services, putting approximately 45,500 jobs at risk.
In June alone, 1,702 companies declared insolvency, representing a 20%…