
Mario Draghi isn’t wasting any time. The former European Central Bank chief became prime minister of Italy in February, announced his reform plans in April and got parliament’s approval for an overhaul of the justice system on Tuesday.
Italian courts are notoriously slow. Even routine proceedings like resolving bankruptcies can take years. It is one of the reasons startup activity is low, foreign investment is lacking and Italy is one of the worst countries in the developed world to do business in.
Draghi’s goal is to reduce the average length of criminal trials by a quarter and those of civil cases by 40 percent. (more…)










