Spain sets date for labour reform

SPANISH Prime Minister Jose Luis Rodriguez Zapatero said yesterday the government would present much-needed labour market reforms on 16 June whether or not it had reached a deal with unions and employers.

The proposed reforms will then go to parliament for a final vote, without amendments.

Economists consider labour market reforms, along with bank restructuring and reducing the deficit, essential to solving Spain’s long-term economic problems. Government talks with the unions and business leaders have continued for months.