SEARCH
         
TrevisoAccessibile.it
Homepage
 
   30/05/2020  h. 11:57   
   Overview   |  
Beyond the crisis

25/11/2010 | Economy |  By Renato Chahinian, former Secretary General of Treviso Chamber of Commerce

In 2009, when the economic crisis had already begun, trevisobellunosystem.com published two articles of local interest on this theme.

The former focused on the effects of the incipient crisis on corporate financial statements (both on profit and loss statements and on balance sheets), while the latter made a few suggestions on how SMEs could ride out the crisis both on the short term through market promotion and on the medium-long term by strengthening their competitiveness.

Actually, recovery began – though not satisfactory – in 2010. Besides, not all the sectors were affected by renewed dynamism, and on the other hand, unemployment is likely to cause social and economic troubles.
All things considered within this unstable situation, we are now getting back to those issues in an attempt to update comments on the crisis and go into the possible solutions.



This first article will deal with the evolution of the ongoing crisis.

First, domestic market was less affected by the crisis than in other countries: in Italy, wealth produced in previous years and low debt levels contributed to preventing consumption from falling more.

Consequently, companies operating in the domestic market did not show negative trends in the beginning, but they are in a risky position now since demand, despite having decreased just a little, is, however, unable to rise again and it keeps falling due to...

[read more]





English translation by trevisobellunosystem.com m.b.

Share: 
Wikio OkNotizie Del.icio.us! Google! Facebook! Technorati! Upnews.it


Last news - All topics
Economy
  State aid: Commission approves €500 million Belgian guarantee scheme to support internationally active companies affected by the coronavirus outbreak
18 May 2020
Courses & Conferences
  State and Federal Economic Assistance Webinar. April 14
7 April 2020
Sport
  Coronavirus: EU supports Member States dealing with the impact of the pandemic on the sport sector
23 April 2020
Events
  Coronavirus: Guidance to ensure full data protection standards of apps fighting the pandemic
17 April 2020
Et cetera
  Les lauréats du Prix de littérature de l'Union européenne pour 2020
19 May 2020