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The difficulty of doing business in Italy
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Will new legislation encourage growth?
- Duration 1:55
- Date Dec 14, 2012
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Will new legislation encourage growth?
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Software security expert Dino -- Stefano given an award in London for contributions to his field.
Is part of at least brain drain.
He is one of -- many talented young people who feel stifled by their country's bureaucracy the World Bank -- -- -- 73 in the world for the ease of doing business.
After -- let loose and Botswana.
-- -- -- -- -- -- Of the moment that was -- people to actually do things quickly enough or distant you kind of economy that we have knowing this.
But things may be about to get better.
Possibly the final act of prime minister -- a month he's government is a lot to streamline the process for some start -- businesses.
In a country where unemployment is at a thirteen year high of 11%.
And youth unemployment is at 36%.
This is welcome news to talented young people looking for opportunities.
And those who work with them -- Few years and goal.
Stock top wasn't many things.
Would put a lot -- lot of people now -- -- getting a little bit more popular.
And that another young people -- -- understanding that that you don't.
Look for a job sometimes you have to create your own job.
The creator of this social TV software Fabrizio a couple of young cope with the web design pioneer in Italy but couldn't raise the seed money.
To advance to the next level -- global tech in Italy so he moved to Silicon Valley in America.
Where he quickly pulled -- -- huge investment for his new technology.
He does business in the states but uses talent in Italy.
What you wanna do is go back and pretty what you fought back so my goal eventually is to bring -- somebody that needs.
And I hope I'll be able to do it eventually.
And experience brought back by Italian ex patriots may also help reverse the negative trends and growth and competitiveness that has -- Italy.
Together with the new legislation.
Has just been passed.