1 Article by: Mike Warner

Mike Warner is a Rome-based financial journalist.

Italy’s Masses of Unemployed Can’t Live Off Start-Ups Alone

Italy’s new premier, Mario Draghi, has pointed to “digitalization” as the key to economic recovery, heralding tax incentives to boost start-ups and foreign investment. But for all the breathless talk of digital revolution, Draghi’s recipes are all-too familiar: rolling out the red carpet for the likes of Elon Musk while doing nothing to help the millions of unemployed.