The Limited Times

Now you can see non-English news...

Covid: Confesercenti, so we will close 110 thousand

2020-10-24T07:48:02.798Z


The new provisions for the containment of Covid-19 will cause a further reduction of about 5.8 billion euros in household consumption and could cause the closure of another 20 thousand businesses, bringing business terminations from 90 to 110 thousand ... (ANSA )


(ANSA) - ROME, OCTOBER 24 - The new provisions for the containment of Covid-19 will cause a further reduction of about 5.8 billion euros in household consumption and could cause the closure of another 20 thousand activities, bringing the terminations of enterprise expected this year.

The alarm is renewed by Confesercenti second in the hypothesis that the closures are also imposed for the first week of November, the overall reduction in household spending for 2020 could reach 95.8 billion euros even with the return to normal on the occasion of the Christmas holidays .


   Furthermore, according to Confesercenti, if there were to go back to two further months of lockdown, there would be an immediate drop in spending of 40 billion.

"Avoiding total lockdown is a positive fact, but the restrictions imposed could still have dramatic repercussions on businesses, especially in the sectors directly affected by the new restrictions", says Patrizia De Luise, national president of Confesercenti.

(HANDLE).


Source: ansa

All life articles on 2020-10-24

You may like

Trends 24h

Life/Entertain 2024-04-19T02:09:13.489Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.