Italy: two measures boosting youth employment in the government’s growth revival plan

On June 15, the Council of Ministers approved the proposal by the Minister of Economic Development on new “emergency structural measures” – the second part of the government’s “Agenda for Sustainable Growth.”  Since Italy’s GDP is growing slower than in other eurozone countries, the government’s priority is to “bring growth back” by removing obstacles to competition, SMEs’ entry barriers, and so on, which “prevent the Italian economy from taking off.”  Thus, the plan contains several new measures aiming, among other things, to appeal to private capitals, revive the construction industry, develop harbors, create a “Fund for Sustainable Growth” as well as measures to help solving corporate crises.
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from taking off.” Thus, the plan contains several new measures aiming, among other things, to appeal to private capitals, revive the construction industry, develop harbors, create a “Fund for Sustainable Growth” as well as measures to help solving corporate crises.

Employment measures. Here are the two measures aiming to boost employment:

  • A tax credit for the permanent recruitment of highly-skilled profiles with a technical or scientific University degree, hired for R&D, or with a research Ph
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