The new provisions for the containment of Covid-19 will cause a further reduction of approximately 5.8 billion euros in household consumption and could cause the closure of another 20 thousand businesses, bringing the company terminations expected this year from 90 to 110 thousand. The alarm is renewed by Confesercenti according to which 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 normality during the holiday season. 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 the 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.
Covid: The alarm of traders, no further tightening
2020-10-24T14:26:51.512Z
Confesercenti: in this way we will close 110 thousand, 5.8 billion of consumption at risk (ANSA)The new provisions for the containment of Covid-19 will cause a further reduction of approximately 5.8 billion euros in household consumption and could cause the closure of another 20 thousand businesses, bringing the company terminations expected this year from 90 to 110 thousand. The alarm is renewed by Confesercenti according to which in the hypothesis that the closures are also imposed for the
