Doing Business in Italy Harder Than in Other Countries
Conducting business in Italy is still hampered by obstacles to competitiveness and high administrative costs, according to a European Commission (EC) economic report. Even the recent efforts of the Italian Parliament to ease entry into trade with Italy, “will not eliminate significant obstacles to competition in key sectors such as retail sales, professional services, local public services, and transportation,” said the report.
“Doing business in Italy is significantly harder than in other large EU economies, with modest progress made in the past few years,” according to the report.
The report also mentioned that the drop in Italy’s share of the export market in the past decade is “mostly due to eroded competitiveness.”