Insolvencies in Germany 2010
"Government programs can only partially compensate for the finance problems." This is the core finding of the study "Insolvencies in Germany 2010 – Trends in the economic crisis."
The study is based on a survey of financial investors, insolvency administrators and workout bankers carried out by experts at Roland Berger.
The majority of those interviewed think that the number of companies filing for bankruptcy in 2010 will rise by at least an additional 10%. The main reasons given are the recession (85%), the scarcity of financial resources (71%) and excess capacity (63%).