Economics

Business plans are impossible to draft

Major groups in sectors such as tourism, transport, retail commerce and infrastructure management are facing crucial decisions even though they do not have the necessary figures and information yet. Restarting in recessionary conditions, and mainly under the unprecedented health regulations, is an equation with too many unknown factors.

German model to protect jobs

The government is pondering different schemes to tackle reduced employment that would see it subsidizing part of lost salaries or social security contributions, once the country enters the stage of a gradual return to a new kind of normalcy.

The Total Business Climate Indicator Decreases by 3.7 Percentage Points in Comparison with February

In March 2020, the total business climate indicator decreases by 3.7 percentage points in comparison with February which is due to the worsened business climate in industry, retail trade and service sector, NSI said in a press release.

Industry

Gov't announces changes to supermarket hours, no more Sunday opening

The govenrment on Tuesday announced changes to supermarket opening hours, which had been extended to respond to additional demand amid restrictions on movement imposed to curb the spread of the coronavirus. 

As of Thursday, supermarkets will be open from 7 a.m. to 9 p.m. from Monday to Friday, from 7 a.m. to 8 p.m. on Saturday and will be closed on Sundays. 

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