Post by account_disabled on Mar 3, 2024 4:29:55 GMT
A second wave of the coronavirus is forcing many European countries to gradually return to quarantine, which is getting tougher. Italy recently tightened its lockdown measures, Greece is almost at the same levels as in March. One by one, it seems that European countries are succumbing to the invisible virus, even as the first quarantine sent economies into their deepest recession since World War II in the second quarter of this year. The European Commission expects growth to return in 2021, but it will take two years to catch up to pre-crisis levels, as Europe's recovery is already being interrupted by a surge in new Covid-19 cases.
In the same line, Albania is also facing Cambodia WhatsApp Number Data an increase in the flow of Covid-19 cases, leading to the overflow of two Covid-19 hospitals, and even in a short time the third one, which has just opened. So far, the government has resisted tightening the measures, perhaps aware that a second quarantine would be unaffordable for the economy. Unlike the first closure, when we, like the rest of the world, entered uncharted territory, we already know what awaits us. While big countries still have room to withstand the shutdown during a second wave, Albania no longer has such a luxury. A second shutdown on us would have a bigger impact than the first.
Due to the very structure of our economy, based on self-employment and micro-enterprises, many small entities without cash reserves may have managed to withstand the first shutdown, but they will not be able to survive a second quarantine. . About 90% of businesses in the country have 1-4 employees, mainly in trade and services, which even before the Covid-19 crisis were feeling the competition from the reformation of the economy towards large centers and supermarket chains. There is a serious risk that a second shutdown will cause more permanent damage to the country's economy.
In the same line, Albania is also facing Cambodia WhatsApp Number Data an increase in the flow of Covid-19 cases, leading to the overflow of two Covid-19 hospitals, and even in a short time the third one, which has just opened. So far, the government has resisted tightening the measures, perhaps aware that a second quarantine would be unaffordable for the economy. Unlike the first closure, when we, like the rest of the world, entered uncharted territory, we already know what awaits us. While big countries still have room to withstand the shutdown during a second wave, Albania no longer has such a luxury. A second shutdown on us would have a bigger impact than the first.
Due to the very structure of our economy, based on self-employment and micro-enterprises, many small entities without cash reserves may have managed to withstand the first shutdown, but they will not be able to survive a second quarantine. . About 90% of businesses in the country have 1-4 employees, mainly in trade and services, which even before the Covid-19 crisis were feeling the competition from the reformation of the economy towards large centers and supermarket chains. There is a serious risk that a second shutdown will cause more permanent damage to the country's economy.