Number of company insolvencies reaches highest level in 21 years

Kiswahili

From April to June, Germany recorded as many corporate insolvencies as in two decades. The Leibniz Institute for Economic Research in Halle reports a new high. No improvement is in sight.

German companies are going bankrupt more frequently. Between April and June, there were as many insolvencies as in 21 years, according to the Leibniz Institute for Economic Research in Halle.

The institute sees no signs of a quick recovery. The figures come from a recent analysis of insolvency proceedings.

The trend affects mainly small and medium-sized firms across sectors. Experts attribute it to ongoing economic pressures.

Makala yanayohusiana

Illustration of job seekers facing declining employment opportunities with a graph showing falling job offers.
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Job offers fall 6.1% in June marking eight straight months of declines

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The Central Bank's Labor Ads Index reached 70.7 points in June, down 6.1% year over year. The unemployment rate hit 9.4% in the March-May quarter, the highest since 2021.

German companies ramp up staff layoffs

The Ifo Institute's employment barometer fell to 91.3 points in April, the lowest since December last year. Companies plan more layoffs than hires, especially in industry and trade. Ifo's Klaus Wohlrabe warns of ongoing pressure on the job market.

30 companies in Örebro County went bankrupt in June

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In Örebro County, 30 limited companies went bankrupt during June. This is five more than in June last year.

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Corporate direct financing falls 10.9 percent in May

Corporate direct financing in South Korea declined 10.9 percent in May to 20.14 trillion won, according to Financial Supervisory Service data released Tuesday.

South Korean business sentiment pessimistic for May due to Middle East crisis

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South Korea's business sentiment for May remains pessimistic due to the prolonged Middle East crisis, a Federation of Korean Industries survey showed Thursday. The business survey index for the top 600 companies by sales stood at 87.5, below the 100 benchmark where pessimists outnumber optimists. This marks two consecutive months below the line.

German residential property prices approach 2022 record levels

Prices for residential properties in Germany are rising and nearing the summer 2022 peak. Gero Bergmann, president of the Association of German Pfandbrief Banks (vdp), expects further increases due to a growing housing shortage. In the fourth quarter of 2025, prices rose 4.2 percent nationwide year-over-year.

Deutsche Bank posts record Q1 profit

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Deutsche Bank reported a first-quarter net profit of 1.9 billion euros, up about eight percent from the previous year and beating analyst expectations. CEO Christian Sewing praised the results as a strong start to the new strategy phase. Shares dropped more than two percent anyway.

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