Private bankruptcies in Tyrol: No increase despite high living costs!
Private bankruptcies in Tyrol: No increase despite high living costs!
In the first half of 2025, 350 private individuals were insolvent in Tirol. Despite the difficult economic framework, the number of procedures opened remains almost unchanged according to KSV1870. Klaus Schaller, the regional manager of KSV1870, analyzes the situation and emphasizes that the number of private bankruptcies only reflects the financial state of Tyrolean households to a limited extent. He makes it clear that the severely increased cost of living could use the financial reserves of the Tyrolean families.
Although the situation is tense, Schaller sees a positive development in the relevance of private bankruptcies. He wants an increase in these procedures, since highly indebted private individuals can take part in economic life again through debt regulation procedures. This would not only help the people concerned, but also enable the creditors to support a reintegration strategy. This perspective is shared by many experts and considerably considered socially and economically.
corporate insolvencies in a negative trend
The Tyrolean companies have been under pressure since the outbreak of pandemic. Many companies increase challenges such as high raw material and energy prices as well as acute lack of staff. Companies that were already economically struck before the pandemic and are now bankrupt are particularly affected. KSV1870 predicts that the bankruptcies will grow in the coming years, but not reach the level of the 2000s.
outlook and forecasts
In the context of these developments, the increasing cost of living is also pointed out, which may bring additional burdens for the population. Nevertheless, the job market in Tyrol remains strong, which currently keeps unemployment low. The private bankruptcies in Tyrol show an increase of 14.8 percent compared to the previous year, with a total of 171 procedures.
While private bankruptcies sometimes return to a normal measure according to the Corona years, the situation remains tense for the company landscape in Tyrol. However, the debtor and a change towards more debt regulations could be an advantage for both those affected and for the entire economy.
For more information on this topic, readers can be found on the articles of Dolomitenstadt , MeinDzirk , and ORF TIROL fall back.
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| Ort | Tirol, Österreich |
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