REUTERS
The quarantine is now killing the economy, employment, the budget, and healthcare, Nayman says.
Managing Partner at the Capital Times investment company Erik Nayman has said quarantine-related measures introduced over the novel COVID-19 coronavirus have suspended or complicated the conditions of work for businesses, while many Ukrainians may lose their jobs.
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"Employees who had the so-called short-time work – in the service sector – have already been affected. I think that up to 20-25% of Ukrainians, or even 50%, may be fired. They may also be placed on temporary leave. It depends on the quarantine," he told at the Pravo Na Vladu ("Right to Power") TV panel show on March 26, as reported by the Ukrainian TSN TV news service.
"In my opinion and that of my subscribers: the quarantine harms more than the novel coronavirus does. In fact, this is happening now. The quarantine is now killing the economy, employment, the budget, healthcare," the expert added.