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Frames survey: 78% of entrepreneurs do not trust the plan to support the economy

28 April 2020
Economics&Markets
energynomics

Bogdan Tudorache

About 78% of entrepreneurs surveyed by the consulting firm Frames do not trust the plan to support the economy announced by the authorities.

The reasons for this perception are mainly related to insufficient financial resources, indicated by 81% of those surveyed and administrative incapacity (62%).

Asked what the role of the state will be in the post-emergency period, the majority of respondents (71%) classified it as insignificant, while only 15% consider it important. “The lack of real measures to support the business environment, beyond payments for technical unemployment, has significantly affected the perception of business people about the role of the authorities in managing the economic situation,” concludes the Frames survey.

Apart from technical unemployment, seen by 82% of entrepreneurs as a positive measure, all other government measures have had negative perceptions, from the installment deferral support program to the IMM Invest project.

Asked when they think the economy will return to pre-crisis levels, 58% indicated an interval of over 6 months, 23% estimated an interval of 3-6 months and only 12% indicated an interval of 1-3 months.

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