German Business Insolvencies Expected to Keep Rising Next Year

German credit insurer Allianz Trade expects corporate insolvencies in Germany to continue rising next year, extending the increases recorded in recent years.

The forecast points to a further deterioration rather than a reversal of the upward trend in business failures.

Allianz Trade’s outlook follows a period in which corporate insolvencies have already been climbing, placing next year’s expected increase within a longer-running pattern.

The summary of the forecast did not specify the scale of the projected rise or identify which sectors were expected to be most affected.