【环球财经】报告显示德国企业申请破产数量创20年来新高

Core Insights - The report from the Halle Institute for Economic Research indicates that the number of corporate bankruptcies in Germany is expected to reach its highest level in 20 years by 2025, reflecting increasing structural pressures on the German economy [1] Group 1: Bankruptcy Statistics - In December 2025, Germany recorded 1,519 corporate bankruptcy applications, which is 75% higher than the average from December 2016 to 2019 [1] - The total number of corporate bankruptcies for the year 2025 is projected to be 17,604, the highest since 2005 [1] - Approximately 170,000 jobs are expected to be affected by corporate bankruptcies in 2025, indicating a significant impact on the labor market [1] Group 2: Employment Impact - The report highlights that the scale of bankruptcies is severely impacting the job market, with the largest 10% of bankrupt companies in December 2025 affecting around 15,000 jobs across Germany [1] - This trend suggests that the current wave of bankruptcies is not limited to small and micro enterprises, as more medium and large companies are also facing difficulties [1] Group 3: Economic Outlook - Analysts predict that the German economy will experience contraction in 2023 and 2024, with limited growth expected in 2025 and no substantial recovery anticipated in 2026 [2] - The ongoing high energy costs and sluggish corporate transformation, coupled with external shocks such as increased tariffs from the U.S., are further constraining the survival of businesses in Germany [2]