Italy: measures of the budget austerity plan affecting the social sphere

e since the beginning of the Berlusconi administration, the Italian Chamber of Deputies approved the new budget austerity plan last night (September 14th). The law aims to save over EUR 53M in 2013 – the deadline to reach fiscal balance. Social novelties include the possibility to derogate, with a company agreement, from conventional and statutory provisions – including those governing layoffs -, the introduction of a 3% “solidarity supertax” on incomes over EUR 300,000, and the...