Leibniz Centre for European Economic Research

German-Austrian insolvency surge and industrial crisis

26 clusters · 145 sources · last updated 2 days ago

Latest: German industry faces rising insolvencies and job losses

The wave of corporate insolvencies in Germany and Austria has intensified through mid-2026. In Germany, the first half of the year saw approximately 12,900 bankruptcies, the highest volume since 2013. While May 2026 saw

Germany faces rising debt and political shifts

6 clusters · 57 sources · last updated 3 days ago

Latest: Germany debates 2027 federal budget amid debt and healthcare concerns

Germany continues to balance strong macroeconomic indicators against mounting fiscal pressures. As of mid-2026, the country maintains an employment rate of 81.5% and an inflation rate of 2.4%. However, significant debt e

German industrial and automotive crisis deepens

17 clusters · 230 sources · last updated 5 days ago

Latest: German Mittelstand faces declining export revenues amid geopolitical pressure

Germany’s economic downturn has intensified, marked by a deepening crisis in the automotive sector and a surge in business closures. Destatis data shows automotive employment fell to 691,500 in the first half of 2026, a

German business closure trends

2 clusters · 8 sources · last updated 19 days ago

Latest: Germany sees 188,000 business closures in 2025

Germany is experiencing a significant rise in business closures, reaching its highest level in nearly 20 years. Data from 2025 indicates that approximately 188,000 enterprises ceased operations, representing a nearly 10