Friday, Germany's Federal Statistical Office reported that insolvency courts reported 12,023 insolvencies in May, down 14.1% over the previous year. Enterprise insolvencies decreased 10.9% to 2,317. Insolvencies of other debtors fell 14.7% to 9,706.
During January to May, 64,464 insolvencies were registered, a fall of 9.7% year-on-year. Enterprise insolvencies during the period were down 8.2% to 12,245. Altogether 40,366 consumer insolvencies were registered during January to June, that were 10.5% less than that of the pervious year.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.