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Europe Live Thursday 23rd May 2013

Reform of the Labour Market

26th March 2012

On 23rd March Italy started along the difficult path of reforming the labour market that should do away with certain aspects of job protection. This reform has been "long awaited by the country" according to the government but is facing strong opposition on the part of the unions. The government adopted the major guidelines in a council of ministers "with the intention of creating a dynamic, flexible labour market (...) that can help towards growth and the creation of jobs." After consolidating public accounts, reforming the retirement regimes and liberalising certain areas, govenrment head, Mario Monti is keeping his promise to reform the labour market by the end of March.

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