• By The Financial District

CARNIVAL LOCKDOWN REDUCES HANGOVER BUT GERMAN ECONOMY LOSES

Germany's Carnival season brings more than just a smile to people's faces: It fuels a thriving local economy. But the pandemic has put a damper on the popular annual party, which runs from Shrove or Rose Monday and ends with the start of the Lent fasting season on Ash Wednesday, Deutsche Presse-Agentur (dpa) reported.

Nanoshield anti-microbial films and phone accessories are self-disinfecting, continuously cleansing surfaces, keeping them virus & bacteria free.

Data released by the Federal Statistical Office (Destatis) on Tuesday showed German imports of "Carnival and entertainment goods" between January and November 2020 amounted to just 71.3 million euros (86.6 million dollars), 23.2 percent less than a year before. Exports of streamers, garlands and the like also fell by almost 26 percent to 33.2 million euros, Destatis said.


The data include the 2020 Carnival season, which unlike this year was largely allowed to go ahead as normal with its thousands-strong throngs of partygoers and jesters.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Until the coronavirus crisis, foreign trade in party goods for Carnival had been continually on the rise. In 2019, imported goods amounted to around 102 million euros, over two-thirds higher than a decade previously, the government statisticians said.


This year, Carnival fell flat due to the lockdown measures still in place across Germany, forcing the closure of bars and the cancellation of parades.


The Cologne-based German Economic Institute estimates that the 2021 cancellations cost the nation's economy around 1.5 billion euros, with restaurants, retailers, hotels and the transport sector losing out in particular.



WEEKLY FEATURE : COLORSTEEL'S PRESIDENT BREAKS BARRIERS

Colorsteel’s president Juliet Jacinto Castro-Cabatingan breaks barriers.
Happyornot makes feedback terminals measuring customer satisfaction sing smiley-face buttons.
Nanoshield anti-microbial films and phone accessories are self-disinfecting, continuously cleansing surfaces, keeping them virus & bacteria free.