Bill. The center-right government run by Pedro Passos Coelho wants to quicken the procedure for reforming the Labor Code, in accordance with the commitments taken with the “troika” (International Monetary Fund, European Bank and European Union) in return for a €78bn subsidy over three years. The first reading of the bill by the MPs should be on July 28th, before the final vote by August 5th, when the Portuguese Parliament officially goes on vacation. The government would like the measures to be implemented as early as September.
pean Bank and European Union) in return for a €78bn subsidy over three years. The first reading of the bill by the MPs should be on July 28th, before the final vote by August 5th, when the Portuguese Parliament officially goes on vacation. The government would like the measures to be implemented as early as September.
Layoffs. The key measure of the reform affects layoff benefits. The benefits will be brought from 30 down to 20 days’ pay per year worked and limited to 12 months. For the mom
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