EconomyForex

Italy’s restaurants cry for help as COVID bites into New Year bookings

1 Mins read
UNSPLASH

ROME — Italian restaurant and club owners are seeking urgent government support due to increased cancellations prompted by a surge in coronavirus infections, they said in a statement on Wednesday.  

Business group Fipe-Confcommercio said the growing number of cases and the quarantine rules imposed on close contacts of COVID-19 sufferers had prompted 25%–30% cancellations in New Year’s Eve dinner bookings.  

“December … which alone accounts for 10% of restaurant revenues, is largely compromised,” they said, asking the government to extend a coronavirus disease 2019 (COVID-19) debt moratorium and a lay-off compensation scheme for workers.  

Daily cases have soared this week, peaking at a record high 78,313 on Tuesday as the highly contagious Omicron variant spreads.  

Prime Minister Mario Draghi has tightened COVID-19 rules for the holiday period, banning concerts and open-air events and shutting down discos until Jan. 31.  

“Discos and clubs have literally been wrecked without any prior notice,” Confcommercio said.  

The virus is ravaging several sectors of public life, including theaters. Milan’s La Scala opera house was forced to cancel a ballet scheduled for this week due to growing infections among the dancers.  

Italy has also imposed restrictions on travelers, including on those inside the European Union who need to take a coronavirus test before departure, a move that provoked the ire of tour operators and hotel owners.  

Tourism minister Massimo Garavaglia said in a statement he agrees with the concerns about the lay-off scheme and urged the labor ministry to act quickly.  

“The spread of the new variant risks causing social damage, along with harming revenues,” he said. — Reuters

Related posts
EconomyForex

Kanlaon Volcano records explosive eruption, ash emission in 24 hours

1 Mins read
[#item_full_content]
EconomyForex

Philippines seeks more loans from Japan this year

1 Mins read
[#item_full_content]
EconomyForex

ADB and GCash Fuse partner to unlock inclusive finance for MSMEs, women and fight poverty in PHL

5 Mins read
(L-R) Martha Sazon, President and CEO of Mynt, the parent company of GCash; Tony Isidro, President and CEO of Fuse Financing Inc.;…
Power your team with InHype
[mc4wp_form id="17"]

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *