Press release No. 163 of 11 May 2020
WIESBADEN – In the month of February 2020, which was not yet affected by the coronavirus crisis, German local courts reported 1,529 business insolvencies. The Federal Statistical Office (Destatis) reports that this was a decline of 3.2% compared with February 2019. The local courts reported that, in relation to the business insolvency requests, the prospective debts owed to creditors amounted to just under 1.0 billion euros in February 2020. In February 2019 they totalled 2.0 billion euros.
Basic data and long time series are available in tables Insolvencies (52411) in the GENESIS-Online database.
