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MNI BRIEF: German Insolvency Rate Stabilises - IWH Data

Leibniz Institute for Economic Research Halle releases its latest firms, jobs update.
BundesbankCentral Bank NewsPolicy NewsEuropean Central BankCEEMEAEurozoneGermanyBriefStory

MNI (LONDON) - The number of German firms going bust in January was almost the same as in November and December, according to Leibniz Institute for Economic Research Halle (IWH) research, with further stabilisation expected over Q1 2025.

Some 1,342 partnerships and corporations were declared insolvent last month, IWH said, almost exactly the same level as for the previous two months. Around 13,500 jobs were lost at the largest 10% of firms affected, roughly 20% fewer than in December. (See MNI INTERVIEW:  Debt Brake Deal Possible After German Election)

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MNI (LONDON) - The number of German firms going bust in January was almost the same as in November and December, according to Leibniz Institute for Economic Research Halle (IWH) research, with further stabilisation expected over Q1 2025.

Some 1,342 partnerships and corporations were declared insolvent last month, IWH said, almost exactly the same level as for the previous two months. Around 13,500 jobs were lost at the largest 10% of firms affected, roughly 20% fewer than in December. (See MNI INTERVIEW:  Debt Brake Deal Possible After German Election)

Keep reading...Show less