Monti to Meet Labor Unions Amid Fresh Warning on Crisis
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Italy’s Prime Minister Mario Monti will press ahead with efforts to revise the country’s labor laws this week, amid fresh warnings that the three-year-old European debt crisis is far from over.
Monti will lead talks with unions and employers in a final round of negotiations beginning tomorrow as the government seeks an agreement this week. Decision makers meanwhile warned against complacency after delivery of the final element of Greece’s 130 billion-euro ($171 billion) bailout package and the completion of the world’s largest sovereign-debt restructuring last week.