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30% of retail and restaurant related activities in June cannot be restarted or reopened: for at least a third of entrepreneurs, the resumption of some commercial businesses that are economically inconvenient, taking into account the fixed costs of They are in no way frozen or reduced (rents, utilities, waste taxes and on public land). The Unimpresa Study Center has raised the alarm, according to which, with the great crisis of these sectors, which also live in illegal work, a social drama will open on the employment side.
The effects on GDP
According to the association, the collapse of 30% of shops, bars and restaurants could translate, taking into account related activities, into a reduction in general turnover that affects 250 billion euros of gross domestic product: this figure is reached under the assumption that 60% of GDP is linked to the domestic market and that 30% of this market (that is, 18% of total GDP) could suffer serious repercussions.
The reduction of income.
On the public finance front, the reduction in income could reach 80 billion, while state funds would continue to come out in favor of the newly unemployed.
Social assistance and distances
“Now it is certain that thousands of artisans will not reopen and we are talking about 30% of restaurant activities, bars, small clothing stores, small points of sale. They will not reopen, because they are not cheap. Having to reopen in June, all these small businesses will find themselves paying rents, taxes and goods in the store, “says Unimpresa vice president Giuseppe Spadafora, according to whom activities related to catering and retail” have not had access to the 25 One thousand euros promoted by the government and all of them will have to comply with the new provisions on distances. In short, a bar that reopens in June will be able to work with a third of customers simply because they will not be able to take them to their business. It also means a third of the collections, but with the same fixed costs as invoices, rents, taxes on public land, waste. ” According to Spadafora, “the state does not have the resources to maintain these businesses and will probably not have the money to maintain unemployment for them.” Furthermore, this is the sector most affected by black, but which, on the other hand, maintains a certain social cohesion. As we know, the economy has a pyramid shape. Large production, medium resale, small purchase to sell to the end customer. If thousands of small businesses close or don’t reopen, all the rest jump on the air. ”
