Italy: Parliament approves Stability Act, the last action by the Berlusconi administration

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14 November 2011 à 13h58

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4 minutes

Publication: 14 November 2011 à 13h58

Reading time: 4 minutes

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Publication

14 November 2011 à 13h58

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4 minutes

Publication: 14 November 2011 à 13h58

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e House of Deputies approved the “2012 Stability Act,” the preliminary to the resignation of Silvio Berlusconi, who promised to leave the government after it passed. The Act brings retirement age up to 67 in 2026 regardless of life expectancy introduces new fiscal incentives for productivity-based pay, and provides for deductions for appeal to apprenticeship as well as other employment incentives. (Ref. 110697)

After the “death blow” of financial speculation
on Wednesday, November 9,...

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