Saving Italian chocolate companies – and reforming Italian law

Eugenio Vaccari, lecturer at the University of Essex School of Law, has written for The Conversation on the problems of Italian chocolate company, Pernigotti, and how Italy’s approach to corporate rescue hurts the country.

Cases like Pernigotti, Ilva and Alitalia have become all too common in a country (Italy) whose industries often struggle to successfully compete, particularly with developing countries. And in spite of jobs being saved at Ilva, they also reveal serious problems with Italy’s approach to rescuing companies. It is a major drag on the economy, and desperately needs to be reformed.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s