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“Negative first half-year, 238 fewer companies”

There is a generalized decline in live loans for businesses in the first half of 2024, according to the report prepared by Doctor Aldo Ronci on behalf of Cna, entitled “Bank credit in Abruzzo“.

The report, we read in a note, processing data from the Bank of Italy, on the so-called “live loans” describes the emergence of the extent of the decline. Large and medium-sized businesses are not doing any better, decreasing in absolute value by 292 million, with a percentage value of -3.83%, compared to the Italian 1.13%. Consequently, the total obtained through the sum of the losses of the entire business world reaches 386 million. If we then add to this negativity the data of consumer families, which decreased by another 39 million euros, “we realize why the streets of our city are becoming increasingly emptier, while shops and businesses are closing. This is what Cna tells us, given that between January and June, companies continue to register closures, adding the disappearance of another 238 units, another decrease in activity equal to 0.16%”, continues the note. “The opposite of what happens at a national level which marks an increase of 0.31% in the same period of time”.

And again: “the companies that note a decrease of 238 units, with a percentage decrease of minus 0.16%, are in contrast with the national increase of 0.31%. The result is that we are positioned in third to last place in the ranking national exports which, despite recording an increase of 106 million corresponding to 2.1% compared to a national decrease of 1.1%, recorded a result that was far worse than that of the first quarter of 2024, causing the Abruzzo from third to twelfth place in the national ranking; employment which loses 12,000 units and finds itself with 11,000 more unemployed. All situations which for Abruzzo, in this first part of 2024, are in a worse situation, even if not unexpected given that the negative signals were already coming from a decrease in loans to small businesses, immersed in a regime of poor liquidity”.

“We need to give effective support to the preparation of higher level services for the introduction of innovation mechanisms and support for services of financial and technological excellence. With the aim of attracting human resources given that our young people are emigrating, including many graduates and graduates”, concludes the note.

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