empty
 
 

2011.04.1103:14:00UTC+00German Corporate Insolvencies Continue To Decline

German insolvency courts reported 12,800 insolvencies in January, which was 1.7 percent less than in January last year, the Federal Statistical Office said Monday.

The total number of corporate insolvencies fell 9.5 percent year-on-year to 2,304, while insolvencies of consumers rose 2.3%.

The estimated outstanding claims of creditors amounted to EUR 2.1 billion during the month. This was less than last year's EUR 3.1 billion.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback