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The number of bankruptcies is increasing rapidly

2021-05-07T13:39:21.857Z

The corona crisis is gradually eating its way into the economy and households. The number of bankruptcies in the Erding district rose sharply in March. This is announced by the State Office for Statistics.



The corona crisis is gradually eating its way into the economy and households.

The number of bankruptcies in the Erding district rose sharply in March.

This is announced by the State Office for Statistics.

Erding - A total of 18 cases of insolvency were received by the court, an increase of 157.1 percent compared to the previous year.

The total of liabilities was 1.43 million euros.

After all, no salaried workers were affected by the bankruptcies.

In March 2020, the first month of the pandemic, there were only six bankruptcies with liabilities of 831,000 euros.

Since then, the Erdingen economy and households have proven to be astonishingly stable, and bankruptcies have been below the national average. There were 1552 bankruptcies across Bavaria in March, an increase of 20 percent. ham

Source: merkur

All news articles on 2021-05-07

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