The Eurozone is a diverse set of nations, but many of the economies with the worst problems have over-regulation in some areas, especially labor-related regulat

The Eurozone is a diverse set of nations, but many of the economies with the worst problems have over-regulation in some areas, especially labor-related regulations. Oddly enough labor regulation has significant impacts on economic growth and unemployment. :P I don't actually care to prepare a well-sourced and boring essay for this tiny corner of Hacker News. Instead, I will leave you with an approachable anecdote about trying to open a business in Greece selling olive oil on the Internet. You'd think this would be the perfect business for Greece, but (spoilers) it takes 10+ months and involves stool samples. http://www.nytimes.com/2012/03/19/world/europe/in-greece-business-rules-can-puzzle-entrepreneurs.html?pagewanted=all http://www.nytimes.com/2012/03/19/world/europe/in-greece-bus... (Postscript. The article notes that some of the delays may be related to not paying the "speed tax", i.e. bribery. That is a story of the regulatory apparatus meeting Corruption for Extra Fun Times.)