Germany's Insolvencies Hit 20-Year High
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insolvency eventsDPA International
•World
World
Germany sees highest spike in bankruptcies in 20 years

77% Informative
There were 1,626 insolvencies of business partnerships and corporations in Germany in April .
This was 11% more than in the previous month .
April figures even exceeded the figures from the time of the 2008/2009 financial crisis.
One reason for the higher-than-expected figures was an unusually high proportion of small insolvency proceedings.
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