Failing a last-minute surprise, it seems that employers and unions couldn’t reach an agreement. In the absence of an agreement, the government warned that it would take the initiative and present its own text. It should present it soon to the social partners and voted by the Council of Ministers as soon as possible, on June 4th or 11th in theory. One of the government’s priorities is to arrive to the next meetings of the Eurogroup, on June 7th and 8th, with the new text. The text should provide new tools to increase the labor market’s flexibility as the country accounts for a 20% unemployment rate. The labor market reform is one of the requirements repeated by international organizations as an additional sign of the stabilization of the Spanish economy after the drastic budget cuts it had to enforce.
ings of the Eurogroup, on June 7th and 8th, with the new text. The text should provide new tools to increase the labor market’s flexibility as the country accounts for a 20% unemployment rate. The labor market reform is one of the requirements repeated by international organizations as an additional sign of the stabilization of the Spanish economy after the drastic budget cuts it had to enforce.
The severity program (see our dispatch No. 100386) voted on May 27th in Parliament somewhat complicat
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