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Free AccessMNI BRIEF: EU Pushes Back Against German Fiscal Revision Call
MNI BRIEF: German Insolvency Rate Slows, 2025 Pickup Expected
MNI (LONDON) - The number of German firms going bust fell slightly in November, Leibniz Institute for Economic Research Halle (IWH) data shows. However, insolvencies among business services firms rose, with early indicators also pointing to a general rise from February 2025.
The number of partnerships and corporations declared bankrupt last month dipped 12% on October’s figure to 1,345, but was still 38% higher than the same time last year and 52% above the November average from 2016-19. As in October, a little more than 11,000 jobs were lost at the biggest 10% of defunct firms.
‘If the high level of early insolvency indicators from November is also confirmed in December, a significant rise in insolvency figures must be expected from February,’ IWH’s Steffen Mueller said.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.