Germany is witnessing its sharpest surge in corporate bankruptcies in over a decade, with an average of 60 companies going under each day, according to the Federal Statistical Office. The number of insolvencies rose by 10.4 percent in September, and analysts warn that more than 22,000 businesses could collapse by 2025.
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Small and medium-sized enterprises are the hardest hit, particularly in logistics, hospitality, and services. Creditor claims reached €3.7 billion in July, highlighting the growing financial strain on the country's business sector. Experts attribute the crisis to "rising energy prices," "heavy tax burdens," and "excessive bureaucracy," which they say are eroding the competitiveness of German industry.
DIHK analyst Volker Treier pointed to weakening exports and falling industrial production as key indicators of a deeper structural problem. Critics argue that years of poor policy decisions and regulatory overreach have dismantled Germany's industrial foundations.
Economic commentators stress the need for reforms focusing on lower taxes, reduced bureaucracy, and cheaper energy to restore stability. Without a major policy shift, observers warn that the continuing wave of insolvencies could mark the decline of Germany's once-resilient economic model.
Source: www.kettner-edelmetalle.de
