Over the past 17 years, more than 2 million artisans and small businesses have closed down

As a result of the pandemic, one of the sectors that paid the heaviest bill for the economic crisis was artisans / small businesses. The number of such people who closed their businesses in the first 10 months of this year increased by 1498 units to 79,372  which is 2 percent compared to the same period last year.

The dimensions of the crisis keeps getting heavier every day as the wave of enforcement and bankruptcy grows. The number of execution and bankruptcy files that have come to the enforcement agencies daily has exceeded 5,727, while the total number of files have amounted to 22 million 985 thousand 261. In the last 17 years, 2 million 75 thousand 260 artisans have locked their doors.

As a result of the pandemic, one of the sectors that paid the heaviest bill for the economic crisis was artisans/small businesses. Along with the normalization, there is a large increase in corporate bankruptcies (banned for some time, although not officially) due to the fact that the government has reduced its pressure on creditors for bankruptcies. Those who are trying to stay afloat with debt face the risk of not being able to pay off the loans they have taken out.

The number of artisans applying for registration decreased by 34 percent to 233,451 in the same period of this year, from 312,205 in October 2020, the number decreased by 34 percent to 233,451. In 2020. When the pandemic was the most severe, 99,588 trades were closed. According to the data of the Confederation of Tradesmen and Artisans of Turkey (TESK), the number of tradesmen who closed the shutters in January-October 2021 has reached 80 thousand. (CUMHURIYET)