Press 1st quarter of 2020: business insolvencies down 3.7% year on year

New indicator shows the development of normal insolvency proceedings opened in May 2020

Press release No. 205 of 8 June 2020

WIESBADEN – German local courts reported 4,683 business insolvencies in the first quarter of 2020. The Federal Statistical Office (Destatis) reports that this was a decline of 3.7% compared with the first quarter of 2019.

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Basic data and long time series are available in tables Insolvencies (52411) in the GENESIS-Online database.

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