FRANKFURT, Dec. 4 (Xinhua) -- Insolvencies filed by German companies went up by more than 20 percent in 2023, according to a study released by a German economic research institute on Monday.
Up to 18,100 companies in Germany had to file for bankruptcy in 2023, a 23.5 percent increase compared to 2022, Creditreform Wirtschaftsforschung revealed.
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