Minenna, ‘from recession slaps on economies, consequences yet to be defined’

by time news

“The pandemic recession from which the world is emerging has been the most synchronized ever experienced, with over 95% of economies shrinking at the same time. It was a formidable slap whose medium to long-term consequences have yet to be defined.” The director general of the Customs and Monopoly Agency, Marcello Minenna, writes this in an intervention in the ‘Sole24Ore’.

“The pandemic – he continues – has changed the face of the global economy, persistently influencing the consumption and saving habits of individuals” and “due to generalized lockdowns and restrictions imposed on economic activities that most required physical contact between people. , the share of consumption represented by services has dropped drastically while the purchasing power of consumers, compressed by limitations, has been poured into goods “, writes Minenna again.

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