This is an interesting read which says a lot about what's going on in Italy:
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Italy is Europe's second biggest manufacturing power after Germany, but with rigid labour laws, high taxes, a bloated bureaucracy and fierce competition, the country is struggling to stay on the production line. Italy may have lost as much as a third of its overall industrial production in recent years, experts say.
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http://www.bbc.co.uk/news/world-europe-24037545
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Carlo Carnevale Maffe, professor of business strategy at Milan's Bocconi University, blames a bloated and erratic bureaucracy.
"Who wants to invest in Italy?" he says. "Even Fiat is looking to Brazil and the US. The application of law here, the regulations, it's totally inconsistent."
He thumps his desk.
"The government has enjoyed all the benefits of the euro - the low interest rates," he tells me. "But they haven't used those low interest rates to make reforms - they've just increased the public debt and inefficiency."
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More unhappy, struggling Europeans...