Description:  Increased taxes due to austerity measures are forcing some small businesses in Italy to close for good.

Source: CNNMoney.com – video report

Date: Feb 05, 2013

Link: http://money.cnn.com/video/news/2013/02/05/n-italy-small-business-squeezed.cnnmoney/

Questions for Discussions:

• Why has austerity caused small businesses to close more so than bigger firms?
• How should managers handle the situation?
• Is there any reason for optimism looking down the road?