Renzi Vows to Press Ahead With His Italian Reform Agenda
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Italian Prime Minister Matteo Renzi said he will press ahead with his plan to overhaul the country’s labor market, a top priority in his agenda, even amid opposition from unions and members of his political party.
“Compromise is not a bad word, but this is not a time for compromise but courage,” Renzi said yesterday in an interview with Bloomberg Television’s Erik Schatzker. “I respect the ideas of unions. In this case, we must absolutely invest” in a new labor market model to help spur employment, he said.