MoreBT.cn - more best Topic

Web
MoreBT

Your location: Home » Finance

updated 20:49, Fri October 05, 2007

German Business Bankruptcies Dip in July but Personal Cases Soar

RANDOM NEWS

+-Text Size:

FRANKFURT, Germany (AP) -- The number of German companies filing for bankruptcy in July slipped more than half a percent, the country's Federal Statistics Office said Friday, but personal bankruptcies rose more than 21 percent.

The agency, Destatis, said that 2,631 companies filed for bankruptcy in Germany, Europe's biggest economy, down 0.7 percent from July 2006. From January to July, the number of corporate bankruptcies fell 9.5 percent, with 16,876 cases filed.

For personal bankruptcies, the number of cases filed in July rose 21.2 percent to 9,501, while the number of cases filed from January to July increased 20 percent to 61,931.

The combined number of bankruptcy filings, including businesses, consumers and self-employed workers, were up 12 percent to 14,464 in July and up 9.5 percent in the first seven months, with 97,166 cases filed.

http://www.destatis.de

Sounds Off:Your opinions and commentsView All»

Post a comment

Most Popular

Most Viewed
Most Comments

Please used IntrtnetExplorer or Firefox, Thanks.

Or, you can view the NoStyle version.