1. ANSA.it
  2. English
  3. Business
  4. Some 120,000 small businesses risk closing - retailers

Some 120,000 small businesses risk closing - retailers

Over 370,000 jobs at risk says Confcommercio chief

(ANSA) - ROME, OCT 5 - Carlo Sangalli, the president of retailers association Confcommercio, said Wednesday that at least 120,000 small Italian businesses risk closing in the first half of 2023, amid the cost-of-living crisis and soaring energy prices.
    He said that over 370,000 jobs were at risk as a result.
    "These emergencies are on top of the structural problems regarding growth and consumer sending, combined with an excessive tax burden, which characterise our economy," Sangalli told the Confcommercio Campania assembly. (ANSA).
   

ALL RIGHTS RESERVED © Copyright ANSA


Change cookie consent