The youngest President of the Council in the history of Italy, Matteo Renzi, 39, won the vote of confidence from the Chamber of Deputies (378 in favor to 220 against) after winning the Senate over (169 in favor to 139 against). With a schedule of one reform a month by April (the start of the European Semester), he wants to boost reforms, to get Italy out of the crisis and turn it into an “attractive” country for foreign investors. The new labor reform announced for this March notably provides for a comprehensive review of the Labor Code.
The Renzi “revolutions.” Reminding, in his speech to the Senate, that between 2008 and 2013 the country’s GDP dropped by 9 percent and youth unemployment soared, from 21.3 to 41.6 percent (total unemployment went from 6.7 to 12.6 percent), Matteo Renzi repeated that these figures “impose a radical change in economic policies.” To “turn words into action,” he announced one radical reform per month (March: labor, April: public administration, May: internal revenue, and June: justice).
Do you have information to share with us?