Economy · 25. May 2020

After 10 years of decline in corporate insolvencies, the corona crisis will cause significantly more companies in Germany to slide into bankruptcy again in 2020, according to projections by the information service provider CRIFBÜRGEL. Last year, a total of 19,005 companies applied for bankruptcy; the number of insolvencies had therefore fallen for the tenth time in a row in 2019. "For the current year, however, we expect a significant increase at CRIFBÜRGEL. Assuming that the effects of the...