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Problems with family run firms that dominate the economies of Italy and Greece

06/24/2011

Before joining the euro Italian firms could use a decline in the value of the lira to compete on price with European and other competitors. The red tape, the length of time it take to enforce contracts, and the labor laws, have acted as disincentives for Italian firms to grow and increase productive use of capital. As a result the Italian economy is falling further behind. Growth of the economy since 2001 was 3%.

Grouped Articles

Gap in Competitiveness Weighs on Europe, Analysts Say

New York Times 01.15.2012

Can Italy Find Its Way? Resistance to Change Means Slow Recovery

Wall Street Journal 04.30.2014

Culture Built on Family Firms Tests Italy's Plan for Growth

Wall Street Journal 11.14.2011

Amid crisis, Italy confronts a culture of tax evasion - The Washington Post

Washington Post 11.25.2011

What's Italian for Reform?

Wall Street Journal 12.07.2011

Italy's Labor Pains

BusinessWeek 11.16.2011

Europe's Banker Talks Tough

Wall Street Journal 02.24.2012

Tax Cheats Become Italy’s Public Enemy

New York Times 03.09.2012

Monti Pulls a Thatcher

Wall Street Journal 03.27.2012

Employment, Italian Style

Wall Street Journal 06.26.2012

Italy Is Poised to Pass Labor Laws Most View as Flawed

New York Times 06.25.2012

Transcript: Italy's Labor Minister On Reforms

Wall Street Journal 06.26.2012

Italy Approves Labor Law Overhaul

Wall Street Journal 06.27.2012

Avoiding an Italian Bailout Isn't Just About the Numbers

Wall Street Journal 07.12.2012

Italy's Leader Calls Economic Efforts "a €˜Very Tough War"

New York Times 07.11.2012

A Lovely Place For a Crisis

Wall Street Journal 07.19.2012

Richard Ginori, ‘the Ferrari of Porcelain,’ Struggles to Find a Buyer

New York Times 02.07.2013

Italy Needs a Growth Renaissance

Wall Street Journal 06.24.2011


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