Red Tape Risk: Who in the G20 Is Cutting It?

By Eric Roston - 2013-11-15T15:08:34Z

Photograph by Carlo Maria Cafferini

Company Symbol % Change
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Italy

2014 Rank: 65
Change From 2013 Rank: Improved by 2

Italy's economic woes are roiling Europe, and Prime Minister Enrico Letta has called on the government to reform labor markets, as "youth unemployment is the true nightmare of our country," he said last month.

In the meantime, Italy has implemented three reforms encouraged by Doing Business, enabling some commercial real estate to change hands with fewer hoops and making contracts easier to enforce. The nation also changed its bankruptcy code to allow debtors more time to restructure before creditors can demand action against them. Left: Milan.

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