Prime Minister Mario Monti has reached an agreement with the main political parties in Italy to back his plan to relax rules on firing workers.
Bloomberg reported Wednesday that in a Tuesday night meeting, the Democratic Party, the People of Liberty party and the Third Way alliance, which have backed Monti’s unelected government, came to an agreement with the prime minister to allow labor laws to be changed to make it easier for businesses to fire employees.
“At the end of the meeting, which had a positive outcome, the government and the political leaders made a commitment for an effective and rapid passage of the measure in parliament,” Monti’s office said in a statement.