Italy's Renzi wins confidence vote on labor market reform

Reuters News
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Posted: Dec 03, 2014 1:58 PM

ROME (Reuters) - Prime Minister Matteo Renzi won a confidence vote in Italy's Senate on Wednesday, empowering him to draw up labor reforms aimed at making a chronically sluggish economy more competitive.

Renzi's coalition government won the vote by 166 to 112 in the 315-seat upper house of parliament.

The so-called "delegating bill" does not in itself change any labor laws but it gives the government a mandate to do so without then going back to parliament for final approval.

Renzi says he wants to make it easier for large companies to fire workers, reduce the number of temporary contracts and make jobless benefits available to more people, though it is still unclear whether he can find the money to extend benefits.

(Reporting by Isla Binnie; Editing by Robin Pomeroy)