German Corporate Distress Gauge Rises to Highest Since 2020
- Real estate is the most distressed industry, Weil index shows
- Quarterly report compiles data on almost 4,000 European firms
The Frankfurt financial district in Germany.
Photographer: Martin Leissl/BloombergThis article is for subscribers only.
German corporate stress has reached the highest since 2020 as rising interest rates and expensive energy costs take a toll on business.
German companies were the most distressed in Western Europe, followed by the UK during the third quarter, according to the Weil European Distress Index report. The study, by law firm Weil, Gotshal & Manges LLP, aggregates data from more than 3,750 listed European firms.