How Inefficient is Italy? Grossly.

italy GDP 10 Year Moving Average

Italy's nightmarish bureaucracy and dysfunctional political system are legendary. Well, they do say there's often more than a grain of truth in legends and the World Economic Forum's Global Competitiveness Report 2014 - 2015 contains not one but several grains of truth. In terms of government … [Read more...]

Chaos on the Horizon for Italy?

There are noises in Italy's press that after Silvio Berlusconi's Forza Italia party's very poor showing in recent regional elections - Mr Berlusconi's party was beaten by the Lega Nord - Silvio Berlusconi is considering ending his Nazarenzo pact with Italy's Prime Minister Matteo Renzi. Whether … [Read more...]