Market Commentary and Intraday News
German Corporate Insolvencies Decline In June
260 days ago
(RTTNews) - German enterprise insolvencies fell 6.1 percent in June from a year ago to 2,367, Destatis reported Friday.
Altogether 12,634 insolvencies were registered in June, down 1.6 percent. The courts registered 8,284 consumer insolvencies, which were 1.3 percent more than in June 2011.
During the first half of 2012, business insolvencies dropped 3.1 percent. Likewise, consumer insolvencies declined 3.9 percent.
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