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Black Clouds over the German Economy: Almost 200,000 Companies Closed Last Year, the Most Since the Financial Crisis
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Black Clouds over the German Economy: Almost 200,000 Companies Closed Last Year, the Most Since the Financial Crisis
The number of German companies that permanently closed their doors rose by 16 percent to 196,100 last year, according to figures from Creditreform and the ZEW economic research institute. The DPA agency reports. The German government will present a stimulus package for companies by mid-July, says Economy Minister Reiche. This is the largest number of closures since 2011, when the consequences of the global financial crisis were still being felt…
·Bratislava Region, Slovakia
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