Corporate insolvencies up in Germany

The number of corporate insolvencies in Germany has risen in 2008 for the first time in five years, according to a report from Creditreform, a business information service and debt collection organisation, that points to the impact the financial and economic crisis has already had on Europe’s largest economy.

Website: Creditreform Germany http://www.creditreform.de/English/Creditreform/index.jsp

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