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Italy's trade unions blast Commission's criticism of pandemic layoff freezes – EURACTIV.com

Italy's trade unions blast Commission's criticism of pandemic layoff freezes – EURACTIV.com
euractiv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euractiv.com Daily Mail and Mail on Sunday newspapers.

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Unions furious at failure to extend ban on dismissals

Unions furious at failure to extend ban on dismissals
standard
sei in
Proposal to extend ban till end of August dropped by govt
25 Maggio 2021
ROME, MAY 25 - Italy s trade unions were up in arms
on Tuesday after the government dropped a proposal to extend a
ban on dismissing workers due to the COVID-19 emergency until
late in August.
The ban is set to expire at the end of June.
Labour Minister Andrea Orlando had proposed extending the ban
for firms that have recently made requests for funding from the
CIG Covid furlough fund until August 28.
The proposal met opposition from business groups and ....

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UPDATE 2-Italy presents new stimulus plan, Draghi says hopes no more needed

More funds approved for vaccine roll-out, tax breaks on hirings
Rome extends state guarantees on bank loans, debt relief
PM Draghi says expects to raise 2021 GDP forecast (Recasts with quotes and details after news conference)
ROME, May 20 (Reuters) - Italy on Thursday approved 40 billion euros ($48.8 billion) of new economic stimulus and Prime Minister Mario Draghi said that with the coronavirus crisis easing he hoped no more would be needed.
The extra spending, which funds tax relief and grants to businesses, was already factored in to the government’s public finance targets in April and will drive the budget deficit to 11.8% of national output this year, from 9.5% in 2020. ....

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Italy - Factors to watch on April 22

Italy - Factors to watch on April 22
Reuters
2 hrs ago
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For a complete list of diary events in Italy please click on .
GENERAL
Italy reported 364 coronavirus-related deaths on Wednesday against 390 the day before, the health ministry said, while the daily tally of new infections rose to 13,844 from 12,074.
ECONOMY
DEBT
Treasury continues offer of third edition of 16-year BTP Futura bond; ends on April 23, subject to early closure.
Italy s new BTP Futura retail bond attracted orders worth just above 1 billion euros on Wednesday, the third day of the offer, bringing the total for the first three days to 4.68 billion euros, bourse data showed. ....

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J&J Production Error; France, Italy Extend Curbs: Virus Update

Hong Kong to Resume BioNTech Shots; European Curbs: Virus Update
Bloomberg
2 hrs ago
Bloomberg News
(Bloomberg) Hong Kong will resume administering BioNTech SE Covid shots on Monday after giving the all-clear on a scare over defective vials.
Canada’s Ontario province, home to Toronto and the capital Ottawa, will be locked down for 28 days to fight the spread of the virus, CBC News said. Brazil detected a new Covid-19 variant, similar to the one found in South Africa, as it again reported record deaths.
Ukraine reported record daily coronavirus deaths. France will impose a four-week lockdown from Saturday, and Italy extended restrictions on movement and business openings. ....

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