Fri, 07 Sep 2012 13:37:33 GMT
German corporate insolvencies fall in June
German enterprise insolvencies tumbled 6.1% on year to 2,367 in June, Destatis said on Friday. In total 12,634 insolvencies were recorded in June, falling 1.6% from the preceding month. During the first half of the year corporate insolvencies slipped 3.1%, while consumer insolvencies slid 3.9%.