Premier Monti praises government's labour-market reforms

Monti says reforms do not exclude youth from labour market

Premier Monti praises government's labour-market reforms

Naples, November 12 - Italy's labour market reforms do not exclude the nation's youth, Premier Mario Monti claimed Monday. In fact, they are designed to reinvigorate the labour market, to open it to more young people, he said in remarks to an Italian-German conference being held in Naples. "The whole market reform work, recently adopted by the Italian parliament, aims to create a more inclusive and dynamic (market), able to overcome the (divisions) that tend to exclude or marginalize young people". The Monti government's reforms include liberalizing many sectors as well as new labour-market measures that will make it easier for firms to dismiss workers, a move designed to boost productivity and make companies more inclined to hire people. Outside agencies, such as the Organisation for Economic Co-operation and Development (OECD), have praised the reforms, saying they will boost gross domestic product in Italy.

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