Traders warn of the risk of closure to 60,000 before the break in consumption.

  The Spanish Confederation of Commerce (CEC) warned yesterday that if it is the spiral of slowing consumption over the next six months, would disappear in 2009 to 10% of the sector, which would mean the closure of about 60,000 and loss of between 25,000 and 30,000 jobs, "it immediately."

So, asks the banks to pass the lower rates as soon as possible and to postpone an executive and a reduction in contributions tax direct industry to get the credit that is not achieved through the banking system.


The crisis is hitting the commercial sector squarely Spanish. In the first ten months of the year, the average decline in sales has been put at around 10% over the same period of 2007. The situation is more severe in sectors such as furniture and decoration, where the drop is between 40% and 50% automotive, 25%, and trade in textiles and household appliances and consumer electronics by 15% 25%.


The CEC believes that hope is now in the Christmas shopping already started last bridge to higher sales by 10% the previous year.

Journal Information 11/12/2008