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situation report

Mar 4, 2005 | 22:15 GMT

Germany: Corporate Failures Down

Corporate failures in Germany reached 39,213 in 2004, down just slightly from the 2003 record of 39,320, German federal statistics office Destatis said March 4. The number of insolvencies by both individuals and companies was up 17.4 percent to 118,274 for the year.
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Germany: Corporate Failures Down
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