Economics

Italy’s Labor Reform Won’t Spur Firings, Napolitano Says

Lock
This article is for subscribers only.

Prime Minister Mario Monti's Cabinet approved a bill to overhaul Italy’s labor laws that will ease firing rules, facing down opposition from unions and political allies needed to pass the measure in Parliament.

The Cabinet in Rome passed the changes as a draft law, as Monti decided against resorting to a decree that would have implemented the measures immediately and limited parliamentary debate on changing the draft. The government didn’t say when the measures would be presented to Parliament.