Monti Revamps Italy’s Labor Rules

Prime Minister risks strikes to ease restrictions on firing employees.

Prime Minister Mario Monti will impose a plan to ease firing rules, risking strikes and protests, as he seeks an overhaul of Italy’s labor markets to fuel the economic growth needed to trim Europe’s second-biggest debt.

Monti told unions and employers last night in Rome there would be no more discussion of his plan to allow companies more leeway to fire workers when economic times turn bad. The government may pass the measure by decree, meaning the plan would be enacted immediately before securing parliamentary passage.

Political Tension

Union opposition could complicate passage of the plan in parliament should the Democratic Party, which is closest to the union opposing the measure, waiver in their support for Monti.

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