"Data for the first three quarters of 2025 have shown that smaller German firms have borne the brunt of almost three years of economic downturn in Europe's biggest economy over the past three years. On December 12, the chief analyst at the Association of German Chambers of Industry and Commerce (DIHK), Volker Treier, told news agency Reuters that the "wave of insolvencies continues." He added that small and medium-sized enterprises in particular were "running into difficulties.""
"In a recent survey, DIHK found that nearly one in three companies with fewer than 20 employees expects its business situation to worsen. Such firms account for roughly 85% of all businesses in Germany. Official figures confirm the trend, with Germany's Federal Statistical Office (Destatis) stating on the very same day that German local courts recorded 18,125 corporate insolvency filings by the end of September, almost 12% more than in the same period last year."
Smaller German firms have carried the heaviest impact of an almost three-year economic downturn, with insolvencies concentrated in the small-business segment. DIHK reported that many small and medium-sized enterprises are running into difficulties, and nearly one in three companies with fewer than 20 employees expects conditions to worsen. Such firms represent roughly 85% of businesses in Germany. Official data show 18,125 corporate insolvency filings by the end of September, almost 12% higher year on year and the highest number for the first three quarters since 2014. Personal bankruptcies also rose by more than 8%.
Read at www.dw.com
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