Giovedì, 18 Ottobre 2018
ST. PETERSBURG

Letta says Italy's G20 commitments include less red tape

English
© ANSA

St. Petersburg, September 6 - Italy has made a
series of commitments at the G20 aimed at stimulating growth and
boosting confidence in "Destination Italy," Premier Enrico Letta
said Friday.
During a news conference at the end of the G20 summit of
leading economies, Italy committed to measures to simplify doing
business, he said.
That includes payments of public debts to private
businesses, providing incentives to boost investment, as well as
the "simplification and improvement of administrative and civil"
justice systems, said Letta.
These and other labour and public administration reforms
will be aimed to encouraging businesses to see Italy as a good
investment destination.
Letta recently announced his new project, "Destination
Italy" involving several ministries working together to lure
foreign direct investment into the country.
Investment in Italy is lower than in its competitors, with
rigid labour laws, slow justice and red tape frequently blamed.

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