Censis-Confcooperative, it's economy shock

(ANSA) - ROME, APRIL 7 - It will take two years for the Italian economy to return to the estimated GDP levels until January, ie to pre-Coronavirus levels. This is what the focus of Censis and Confcooperative indicates, "The epochal shock: companies and the test of the lockdown economy", considering an closure of the activities until May, with a return to normal within the following two months. Making a hypothesis of impact on the turnover in 2021, the scenario attributes to the shockCovid-19 "a lack of value production by the enterprises exceeding 270 billion". "The Italian economy nails", comments the president of Confcooperative, Maurizio Gardini, underlining for this the urgency of "extraordinary measures", starting with "immediate" liquidity for all companies. The focus also indicates that more than half of the companies and their workers have not stopped: "Somehow Phase 2 starts from here, but it must be nourished with courage and decision", underlines Gardini.