Businesses in the time of the Coronavirus: believing in recovery is imperative for everyone
These are tough times for businesses and workers. The flu virus that has caused what the WHO now recognises as a pandemic is not as lethal, but more contagious, than previous ones and risks bringing our imposing health system to its knees. And the lightness in interpreting the first contagions makes Italy’s international credibility vulnerable, to the point that it plays the thankless and undeserved role of the plague-spreader of Europe.
Who pays the price – in addition, first and foremost to the victims and the infected – is the country system, with workers forced to stay home and businesses in tilt. Yet what can be done besides using the web to restart companies,schools and offices? Immunologists, the leading experts in the field, recommend that a national decree be signed as soon as possible to get the machine back on its feet when it is down and under pressure.
First of all, precise and detailed hygiene rules on the cleaning and sanitization of places that are high level sources of contagion, such as schools and offices, but also public transport and gyms. Hygiene is essential to contain the infection. This epidemic must be limited as much as possible to the red zones, avoiding the spread of the virus tothe South, which tends to be more inadequate in terms of health efficiency.
And then, speaking of strictly economic measures, exempting and reducing investment rates is not enough. Companies are struggling to perform services and to supply products and suppliers increase prices in the petty game of supply and demand. In this situation, companies are suffocated and no longer propulsive.
But above all, what is needed is liquidity, and the 7.5 billion plan put on the plate by the Government seems too little to many entrepreneurs, a mere buffer measure. To restore vigour to the Italian economy would take twice as much. Maybe with a 15 billion-revival plan, Coronavirus would be less scary.