Thursday, November 6, 2008

The trade fears the destruction of 25,000 jobs in six months

The sector demands more support for the Catalan government A. MARS - Barcelona - 07/11/2008 Vote Result 0 votes The trade in Catalonia leads to a fall in sales gained 10% in the first 10 months of the year. The crisis, the restriction of credit and depression in consumption have been primed in this sector and, if sales do not revive, at least 5% of the establishments closed their doors and can be destroyed up to 25,000 jobs, warned yesterday Miguel Angel Fraile, secretary general of the Confederation of Trade of Catalonia. The news on other websites Websites in Spanish in other languages "Christmas might prove disastrous," lamented Fraile, and complained that much of the fall in sales was due to "a psychological issue, lack of confidence." Fraile proposed some measures to address the crisis, which highlighted the postponement of three months for the payment of taxes on personal income tax and VAT, a line of the Catalan Institute of Finance (ICF) open to the financing of current assets credits and the adequacy of the Law on Commercial Equipment criteria by urbanization. The spokesman of the merchants demanded greater attention to the sector by the Catalan government, noting that "it is good that the president of the Generalitat, will meet with Nissan and go to Madrid to ask for funding, but the Government must also worry about the trade." Christmas Campaign Traders at the moment, they say they have done their homework. A stroke of promotions and inventory reduction, it is encouraging sales in full economic crisis, in line with what we aims to make in connection with the Christmas campaign. The industry holds a meeting tomorrow to discuss its challenges. The food sector is the one that best holds the crisis, with drops in sales of 2%, while the textile and electrical suffered falls of 25%, decorating recorded decreases in some cases reaching 40% and automotive reaches low 25%. Fraile felt, moreover, that the adaptation of the regulations on trade to the policy of liberalization of services will not be a substantial growth of superstores in Catalonia. European legislation also requires changing the state law of commerce. The counselor of Innovation, Universities and Enterprise, Josep Huguet, warned yesterday that the Government has submitted to the Instituto de Estudios Autonomous draft of the state law regulating the retail trade if it encroaches on the powers of the Generalitat. "Catalonia has the power to set limits on commercial establishments on the basis of the territorial reality and believe that if he does the Government Companies is an invasion," he said.

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