ABOUT US  |  CONTACT US  |  RSS  |  ARCHIVE  |  2020-07-09  |  UPDATED: 1399/04/16 - 14:06:3 FA | AR | EN
Nearly 40 feared dead as torrential rains hit Japan            US soldier killed in road accident in southwestern Afghanistan             Drug couriers disguised as key workers during COVID-19 lockdown in UK            Belgium: Thousands denounce university headscarf ban ruling in Brussels            Armed Israeli settlers raid Palestinian farm in West Bank, injure two            Venezuelaís Maduro censures Ďcriminalí US sanctions during military parade            Brexit talks move to London after tough week in Brussels            Brazil reports over 26,000 new cases of coronavirus, 600 deaths            Ten out of the 12 hospitals in Texasí Rio Grande Valley are now full            Spain re-imposes lockdown on Galicia amid second wave of COVID-19            Pandemic Ďstretchesí Saudi healthcare, Americans denied treatment: Report            Katyusha rocket fired at US base in Baghdad airport: Report             Trump coronavirus claims undercut by FDA official             Russia accuses US intelligence officers of trafficking drug from Afghanistan             Kabul-Hosted Intl Conference on Peace Process Begins            


DATE PUBLISHED: 1399/04/03 - 14:13:5
VISIT: 196
SHARE WITH YOUR FRIENDS

Confcommercio estimates Italyís GDP down by 17% in 2nd quarter
Confcommercio estimates Italyís GDP down by 17% in 2nd quarter

Italyís largest retailers association Confcommercio released the outcome of a study about the impact of the COVID-19 crisis on the countryís economy.

The first fact that emerges from the study is that Italy will suffer the pandemicís negative consequences for months to come.

Confcommercio estimates that the Italian GDP will have fallen more than 17 percent in the second quarter of 2020 with respect to the first and by almost 22 percent compared to the same period last year.

Retailers linked to leisure were the hardest hit, suffering a 90% drop in business. Next were hotels, bars and restaurants, down over 60%, and clothing outlets, down 55%.

The Italian government is considering slashing value-added tax to help the recovery from the economic earthquake that followed the COVID-19 crisis.

Later on Monday also the Industrial employersí confederation Confindustria published its estimate on the Italian economy announcing that it will have contracted 9 percent in the second quarter of this year, about 8 percent less than the estimate of retailers association Confcommercio.

Bank of Italy Governor Ignazio Visco has argued that it is hard to make forecasts given the state of Italyís economy due to the Covid-19 crisis.

 

SOURCE: PRESS TV

 

LINK: https://www.ansarpress.com/english/18829


TAGS:






*
*

*



SEE ALSO

70 affected by gas leak at Iranian petrochemical complex: Spokesman


Khalilzad Discusses Development Plans With Qataris, Taliban


UK plan to invest in US satellite operator OneWeb nonsensical: UK experts


Pandemic could hit drug markets as in 2008 crisis: UN warns


More US layoffs as weak demand persists after businesses reopened


China, Russia see US íbullyingí as IAEA adopts anti-Iran resolution


Trump renews threat to cut ties with China


ADB approves APPCís loan to enhance Afghanistanís energy security


UK, France, Italy, Spain slam US over exit from digital services tax talks


Global markets retreat on rising second wave fears





VIEWED
MOST DISCUSSED




POLL

Modi, Merkel Discuss Afghanistan, Radicalisation And Terrorism

SEE RESULT


LAST NEWS

Frederick Douglass statue vandalized in Rochester park

Nearly 40 feared dead as torrential rains hit Japan

US soldier killed in road accident in southwestern Afghanistan

Drug couriers disguised as key workers during COVID-19 lockdown in UK

Belgium: Thousands denounce university headscarf ban ruling in Brussels

Armed Israeli settlers raid Palestinian farm in West Bank, injure two

Venezuelaís Maduro censures Ďcriminalí US sanctions during military parade

Brexit talks move to London after tough week in Brussels

Brazil reports over 26,000 new cases of coronavirus, 600 deaths

Ten out of the 12 hospitals in Texasí Rio Grande Valley are now full

Spain re-imposes lockdown on Galicia amid second wave of COVID-19

Pandemic Ďstretchesí Saudi healthcare, Americans denied treatment: Report

Katyusha rocket fired at US base in Baghdad airport: Report

Trump coronavirus claims undercut by FDA official

Russia accuses US intelligence officers of trafficking drug from Afghanistan

Kabul-Hosted Intl Conference on Peace Process Begins

12,189 Known Active Cases of COVID-19 in Afghanistan

Massive protests staged across Australia in support of Black Lives Matter

Iraqis rally to decry Saudi paperís offensive cartoon of Ayatollah Sistani

16 dead in Japan as heavy rain triggers floods, mudslides: Media

166 killed in Ethiopia protests over killing of musician

Columbus statue toppled by race protesters in Baltimore: media

FM Zarif: Iranís ditching of US dollar to ease sanctions pressure paying off

Refugees stranded in Mediterranean to be quarantined on Italian ship

WHO notes all-time high in coronavirus cases in 24 hours +World updates

Florida, Texas post daily COVID-19 records as ípositivityí rates climb

Daesh kills 2, including 5-year-old, in Nigeria

Iran lodges complaint against US at ICC over sanctions amid rise in COVID-19 infections

Russia calls UK courtís decision to hold Venezuelan gold Ďoutrageousí

Protesters burn American flag outside White House after Trumpís July Fourth speech

Baghdad condemns US for missile test inside its embassy

Iraq officially protests Turkeyís cross-border offensive

Right-leaning parties stage anti-govt demo in Rome

DFB-Pokal final: Bayer Leverkusen 2-4 Bayern Munich

Iran says has triggered JCPOA dispute mechanism Ďsix timesí

Trump fund-raising official tests positive for covid-19

70 affected by gas leak at Iranian petrochemical complex: Spokesman

Coronavirus: July 4th advice from Ivanka Trump backfires

Trump attacks Ďradical leftí in fourth of July speech

Indian Air Force carries out drills near China border


MEDICAL NEWS


ANSAR PRESS ©  |  ABOUT US  |  CONTACT US  |  MOBILE VERSION  |  LINKS  |  DESIGN: Negah Network Co.
All right reserved. Use this website by mentioning the source (link) is allowed. ›—ś‘ź«Ś «یš —š ی šŕŠ»šŌ«š