German employment agency sees no insolvency wave in 2023 – WirtschaftsWoche

2022.11.18 10:43

German employment agency sees no insolvency wave in 2023 – WirtschaftsWoche

Budrigannews.com – Germany’s federal employment agency does not expect a wave of insolvencies in 2023, with moderate insolvency benefit expenditure, the WirtschaftsWoche magazine reported on Friday.

The agency expects to spend 900 million euros ($929.97 million) next year on wage and salary payments to employees whose companies file for insolvency, according to the report.

($1 = 0.9678 euros)

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