10  The Governor’s Concluding Remarks Annual Report 2020  BANCA D’ITALIA  Closing the large gap in how Italy’s civil justice system functions compared with those of the other European countries would improve the efficiency of resource allocation in the production sector, thereby also stimulating investment in financial instruments issued by firms.
The length of credit recovery procedures via the court system is almost double the EU average. In addition to the complexity of procedures, the system is weighed down by the limited degree of specialization of judges and the incomplete digitalization of their activity.