Living in Mallorca Forum

Living in Mallorca - my home of choice, is it yours?
 
HomeCalendarGalleryFAQSearchMemberlistUsergroupsRegisterLog in
Latest topics
» Greetings Mallorca
Tue Apr 30, 2013 10:52 pm by neilmccauley17

» Spain Local Guide Wanted
Fri Apr 26, 2013 2:47 am by bensh2

» The Ups and Downs of Purchasing a Property
Mon Apr 01, 2013 4:16 am by Admin

» Looking For Long Term Rental April - October 2013
Mon Apr 01, 2013 3:52 am by Admin

» Love Spain now becomes Love Mallorca
Wed Dec 26, 2012 7:32 am by Admin

» Love Mallorca Forum?
Sun Dec 02, 2012 10:58 pm by Admin

» Lack of Mallorca Forums
Fri Sep 07, 2012 7:33 am by Admin

» Return to Mallorca
Mon Apr 23, 2012 5:14 am by Admin

» "Che" Guevara
Thu Apr 12, 2012 5:08 am by Admin

Similar topics
Facebook Living in Mallorca
Favourite Links
Social bookmarking
Social bookmarking digg  Social bookmarking delicious  Social bookmarking reddit  Social bookmarking stumbleupon  Social bookmarking slashdot  Social bookmarking yahoo  Social bookmarking google  Social bookmarking blogmarks  Social bookmarking live      

Bookmark and share the address of Living in Mallorca Forum on your social bookmarking website
Navigation
 Portal
 Index
 Memberlist
 Profile
 FAQ
 Search
Visits

Share | 
 

 Spain Aim to Pass Labour Reforms Before Month End

Go down 
AuthorMessage
Admin
Admin
avatar

Posts : 496
Join date : 2010-05-28
Age : 64
Location : Alcudia

PostSubject: Spain Aim to Pass Labour Reforms Before Month End   Wed Jun 09, 2010 6:36 am

Spain aims to pass a long-awaited labour market reform before the end of June, with or without an agreement with unions and business leaders, Economy Minister Elena Salgado said on Monday.

Negotiations on thrashing out a deal were held on Monday after the labour ministry said it would extend a deadline for agreement by a week. But Salgado made clear the government would press ahead with the reforms regardless of the outcome of talks.

“The period to reach a pact on the labour market reform is coming to an end and if these talks do not produce the desired results, the government will still begin these reforms … before the end of June,” she said at a conference.

Prime Minister Jose Luis Rodriguez Zapatero, who is battling to prove to nervous world markets that the euro zone’s fourth largest economy will not follow Greece into a debt crisis, got a boost on Monday from IMF chief Dominique Strauss-Kahn.

The International Monetary Fund’s managing director praised a budget austerity package which scraped through parliament last week, but made clear more needed to be done.

“The measures that the government has been taking are strong and should help recover confidence in the future,” Strauss-Kahn said. “The issue now is to see how the measures will be implemented, especially those concerning the labour market,” he told the ABC newspaper.

Imposing a deal without the unions’ agreement would probably set the Socialists on a collision course with their traditional allies at a time when Zapatero could use their support.

Spanish companies have long complained that burdensome hiring and firing costs discourage recruitment, exacerbating the unemployment rate which has hit 20 percent.

But with growing political opposition at home, Zapatero’s ability to push through reforms is limited.

The 15-billion-euro ($18.38 billion) austerity plan scraped through parliament by just one vote on May 27, prompting speculation that Zapatero may be forced to call early elections if his 2011 budget proposal, due in September, is rejected.

Opinion polls over the past few days show the main centre-right Popular Party would beat the Socialists by up to 10.5 percentage points if the elections were held now.

_________________
Maz

Life is far too important to be taken seriously - Oscar Wilde
Back to top Go down
View user profile http://www.lovespainforum.com
 
Spain Aim to Pass Labour Reforms Before Month End
Back to top 
Page 1 of 1
 Similar topics
-
» Spain, Caspe, A Catfishing Holiday on the River Ebro
» Hi From Spain
» Freeze on day of purchase, use within one month.
» Spain, Costa Brava, Tossa De Mar, Hotel Tossa Beach
» This just in...NEW PREMIUM ANNUAL PASS

Permissions in this forum:You cannot reply to topics in this forum
Living in Mallorca Forum :: LOVE SPAIN FORUMS :: Spanish News :: National-
Jump to: