The newspaper writes that the German government is underestimating the true extent of the problem of the increasing number of bankruptcies in the country. Berliner Zeitung.
Experts interviewed by the publication are sure that the situation with bankruptcies in Germany is much more serious than the Ministry of Economic Affairs says. According to analysts, the peak has not yet been passed and the country has not yet faced the consequences of the crisis of the past two years. Meanwhile, the ministry also expects a slowdown in the increase in bankruptcies.
Klaus-Heiner Röhl, an expert on bankruptcy at the German Economic Institute in Cologne, argues that the increase in the number of companies going bankrupt in Germany is due to structural problems in the economy and the inconsistency of Berlin’s policies. Thus, the forced transition to climate neutrality has led to price instability and capital flight from the country.
The number of bankruptcies in Germany between January and June reached a ten-year record with 11,000 cases, according to German credit agency Creditreform.
Previously to the European Union guess It collapsed because of financial aid to Ukraine.