50,000 Restaurants and Bars Risk Going Out of Business in Italy

Italy’s Confcommercio commerce group warned Monday that 50,000 restaurants, bars, pizzerie, and other food services are at risk of going out of business due to Italy’s lockdown.

All restaurants and bars in Italy have been ordered closed since the national lockdown began on March 9, 2020. The closures have now put around 300,000 jobs at risk.

pizza with cheese and basil

Some business owners said that they might not reopen even if the lockdown restrictions are lifted in May. They fear that social distancing will limit the number of customers that can be served at any one time, cutting into profits. At the same time, the economic situation of regular Italians may cut into normal expected rates of restaurant spending.

Italy’s food industry has already lost an estimated €30 billion from the shut down.

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