Steffen Müller

Steffen Müller is a researcher at the Leibniz-Institut für Wirtschaftsforschung Halle (IWH), an economic research institute in Germany. He is currently newsworthy due to his analysis of the increasing number of company insolvencies in Germany. Recent data indicates a significant rise in insolvencies, particularly in March, with figures exceeding pre-pandemic levels (2016-2019) by 71%. The IWH recorded 1716 insolvencies of partnerships and corporations in March alone. Müller expresses concern that these high insolvency rates observed in March may persist throughout the current quarter. His analysis is significant because it highlights the economic challenges faced by German companies and suggests that the promised economic recovery has not yet materialized, with insolvency rates surpassing those seen even during the financial crisis of 2008.