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Doing Business 2010: A record in business regulation reform

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The annual report of the World Bank is announcing a record level of the number of business regulation reforms in the world. Between June 2008 and May 2009, 287 reforms were recorded in 131 economies, 20% more than the year before.The good news are that “reformers focused on making it easier to start and operate a business, strengthening property rights and improving the efficiency of commercial dispute resolution and bankruptcy procedures”, as one can read in the report. Eastern Europe was one of the more active regions. Here is the ranking of the 27 European countries:

Doing Business in Europe

Country

Ease of doing

business rank

United Kingdom 5
Denmark 6
Ireland 7
Finland 16
Sweden 18
Belgium 22
Estonia 24
Germany 25
Lithuania 26
Latvia 27
Austria 28
Netherlands 30
France 31
Cyprus 40
Slovakia 42
Bulgaria 44
Hungary 47
Portugal 48
Slovenia 53
Romania 55
Spain 62
Luxembourg 64
Poland 72
Czech Republic 74
Italy 78
Greece 109
Malta N.A

Source: World Bank, Doing Business 2010

(Ranking 1-183, 1= best)

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