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Confindustria, 30 billion liquidity crisis

2020-04-10T15:28:10.959Z


"Based on a large sample of corporate balance sheets (only limited companies, equal to 1/3 of GDP and 55% of employed persons), in a scenario of the end of the epidemic in June, the liquidity needs in 2020 were estimated in 30 billion euros, of which large par ... (ANSA)


(ANSA) - ROME, APRIL 10 - "Based on a large sample of company balance sheets (only limited companies, equal to 1/3 of the GDP and 55% of employed persons) it was estimated, in an outbreak scenario in June, the liquidity needs in 2020 in € 30 billion, of which a large part needed between April and June ". They rise to "80 billion in a pessimistic epidemic border scenario in December". This is estimated by the Confindustria research center in a study on the liquidity crisis triggered by the impact of the coronavirus emergency. They are estimates, "economists in via dell'Astronomia indicate," should be considered prudent ". "Without a moratorium on loans (measured in March, for SMEs free from bad debts), these figures rise to 42 and 107 billion". Therefore, "huge public resources are needed to provide companies with liquidity today and make it possible to restart after the health emergency has ended. The timing is crucial: action must be taken immediately, to avoid business crises in the first months".

Source: ansa

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