Emanuel Boeminghaus wrote that the number of corporate bankruptcies in Germany has reached alarming levels, being 85 percent above pre-crisis levels. Citing the Leibniz Institute for Economic Research Halle, he reported a total of 1,666 bankruptcies of individuals and corporations for September 2026 – nine percent more than in August and about 85 percent more than in an average September before the pandemic. Additionally, Boeminghaus referred to Creditreform statistics indicating around 12,900 corporate bankruptcies in the first half of 2026, an increase of 7.8 percent. According to the Federal Statistical Office he cited, the reported creditor claims in June amounted to 3.9 billion euros. Boeminghaus warned that payment defaults could lead to further companies facing financial difficulties. In his view, the development shows how severely the economic substance of many German companies is under pressure. https://t.co/LXGDP0InKX #Insolvenzen #Wirtschaft #Deutschland (translated)
