The outbreak of Coronavirus (COVID-19) has affected the economic wellbeing of individuals and firms alike. Firms faced a sharp drop in sales due to containment measures and a related demand decline. Over one-third of jobs in the sectors surveyed have been supported through the state-funded job retention program; unfortunately, some thirteen percent of jobs were lost. Inter-company arrears also increased. The question is how firms will cope with new...
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2021/06/17
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2021/06/17
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The Impact of COVID-19 on Firms in North Macedonia