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The Economic Times

Economy / The Economic Times

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Bankruptcy boom: Businesses going broke in Europe's biggest economy

Germany faces a widespread corporate insolvency crisis impacting numerous sectors. High energy costs and industrial decline are major contributing factors to this trend. Small and medium-sized businesses are disproportionately affected by these economic pressures. Structural issues like high taxes and bureaucracy also hinder competitiveness. Government reforms aim to address these deep-seated economic challenges.

10 Jul 2026 9:03 pm