Last May, Italy’s parliament tightened criminal sanctions for accounting fraud. A few weeks later the Italian supreme court ruled that the new law had in fact achieved the opposite effect.
Corruption in Italy is a well-established fact. Combined pressure from internal and external sources might perhaps be able to achieve what the Italian political system seems incapable of: a shift to a low-corruption equilibrium. Normal 0 false false false EN-GB JA X-NONE
The Italian Senate passed the Jobs Act earlier this month with much opposition from unions. But will the reform of the labour market have any effect, or do the problems with Italy's economy lie elsewhere?
