Judgments of first instance in civil and commercial cases take 1.5 years in Italy, compared with eight months in Spain and only six months in Germany. 5 Recent studies suggest that halving the length of these proceedings would increase the average firm size by 8–12%. 6 Above all, it is crucial to improve the environment for firms in Italy.
It’s necessary to ensure clear and predictable rules, effective judicial protection, respect for contracts. The efficiency of public administration, a well-functioning labour market and the promotion of competition are essential. In recent years various initiatives in these areas have been taken. It’s good to continue along this path. 2  Real value added per hour worked, total economy (sources OECD and EU KLEMS).