German insolvency proceedings fall in first half of 2013

Note: This section contains information in English only.
Source: RTT News
Germany's insolvency proceeding decreased in the first six months of this year from the same period in 2012, a report released by the Federal Statistical Office unveiled on Friday. According to the report, the country's local courts in the first half of 2013 reported total of 70,990 requests for the opening insolvency proceedings, while consumers accounted for 45,715 and enterprises for 13,253.

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Fri, 11 Oct 2013 11:05:04 GMT

China's economy is set to expand 7.5% in 2013: PBOC

Performance of Chinese economy is set to improve this year compared to original estimates amid a notable pick up in the Q3 and it likely stays above 7% for the foreseeable future, the People's Bank of China Deputy Governor Yi Gang said on Thursday. Current economic growth of the country is forecast to record a 7.5% or 7.6% increase.

Fri, 11 Oct 2013 10:43:03 GMT

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