economy
January 13, 2026
German businesses sound alarm over record bankruptcies
High energy prices are pushing German businesses towards bankruptcy, the Chamber of Commerce and Industry has warned
TL;DR
- Germany's bankruptcy filings are at an 11-year high.
- Corporate bankruptcies increased by nearly 5% year-on-year, reaching 2,108.
- Personal bankruptcies grew by 7.6% year-on-year, totaling 6,709.
- The transport, storage, hospitality, and construction sectors are most affected.
- High energy prices, bureaucracy, and taxes are cited as key factors.
- The Chamber of Commerce and Industry criticizes the government for insufficient action and implementation of proposals.
- Germany's economy contracted in 2023 and 2024, linked to the abandonment of Russian energy imports.
- Electricity and gas prices rose significantly between 2022 and 2025.
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