Gastronomies: 200m euros in recovery share in damages

Gastronomies: 200m euros in recovery share in damages

The Kosovo Gastronomous Association has reacted after the passage of the Economic Recovery Bill to the Parliamentary Commission for Boards and Finance, where, in addition to changing fiscal policies, financial support is provided for businesses affected by pandemic and those who remain unemployed. A media report says that the [ Agency's...] data.

A media report says that Kosovo Statistics Agency data shows that the gastronomy sector is the most hit in the country, with a 64 per cent drop, while researchers report shows that 88% of businesses by October have suffered deep losses and 12% of them are in instability.

Of the latter, only 2% of businesses can survive unless they receive government assistance, while 10% will go bankrupt. According to this research, from the influence of pandemic and government measures on the labour market, we have reported that 36% of gastronomy businesses have been forced to fire workers as a result of reducing the volume of activity exercise and liquidity problems, or about 10,000 workers fired from work, the report said.

If this continues further, gastronoms warn that businesses will withdraw more staff from work and demand that this sector be a priority in sharing financial means from the 200m-euro bill due to damage caused and division not becoming the same for all sectors.

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