Economy
2013-Level Crisis: Why Corporate Bankruptcies in Germany Have Surged to Record Highs
The corporate default wave sweeping through Europe's largest economy has officially reached a historic peak. Data released in late June 2026 reveals that nearly 11,000 German companies declared insolvency in the first half of the year—the highest level recorded since 2013. More alarmingly, the crisis is no longer confined to fragile startups or zombie firms; it is now actively swallowing larger, long-established mid-market leaders, forcing the industrial sector to shed an average of 15,000 jobs every single month.
