Press release No. 270 of 10 June 2021
WIESBADEN – German local courts reported 3,762 business insolvency requests in the first quarter of 2021. The Federal Statistical Office (Destatis) reports that this was a decline of 19.7% compared with the first quarter of 2020. This means that the economic problems of many businesses due to the coronavirus crisis were not yet reflected by an increase in reported business insolvencies.
Basic data and long time series are available in tables Insolvencies (52411) in the GENESIS-Online database.
