The Italian Reform of the Labour Market in a Growth Perspective

Abstract

At the beginning of April 2012, the Monti Government presented to the Italian Parliament a draft act concerning the “Reform of the labour market in a growth perspective” (hereafter the Reform). This is part of a comprehensive strategy, launched already in 2011 when the Government took office, to adapt Italian labour and social security law system to the challenges of the economic and debt crisis. At present, the Reform has been approved by the Senate, following a vote of confidence asked by the Government to speed up the procedure. The Reform is likely to approved as it is by the Lower Chamber following the same procedure. Therefore, waiting for the final approval of the act, it is already possible to draw a general and synthetic picture of the main axes of the Reform.