Matteo Renzi's government is like a Ferrari, declared Giorgio Squinzi, the boss of Confindustria, Italy's main business lobby, at a gathering this month. "It has a powerful engine," he continued, "but now it must show what it can do on the road." Mr Squinzi highlighted four areas in which the government must take action to revive the economy: institutional reform, European integration, industrial policy and industrial relations. He welcomed a recent directive allowing more flexible hiring by employers, but said that was just an "appetiser" for real labour reform. Mr Squinzi implored the government to act quickly and "give us a normal country".
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