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The prime minister Romano Prodi had presented a plan last Friday in scrapping the laws that increased the retirement age of Italy that has been in line with the countries of Europe, the person that is familiar in this regard stated. Prime Minister stated that he wanted replacing the 3-year increase up to 60 years at 2008, launching the current laws that had been slowed down because of the retirement age. He planned that the replacement of the law will pass the past government of Silvio Berlusconi in the past 3 years, in an increase for the retirement age up to 60 that before is 57 beginning next year, saves the states billions in euros up to the next years to come.
Prodi, as he is already in power from the past year is unable to get in the nine-party coalition agreeing to the several aspects of the economic policies it was noticed that the reform in Italy has overburdened the state pensions system. The party in the leftist group had been preferring the Italians to remain 57 for the retirement age eventhough this will mean a high state pendings. Backing up by the centralist group, the Economic Minister, Tommaso Padoa-Schioppa instead of wanting the gradual increase in the retirement age had been increased not affecting expenses.
The government had been unable to agree in the proposal with the unions. This will switch back to the pension reforms that increased the retirement age bracket in a more gradual amount in the states in between the EUR2.6 billion and EUR9.3 billion in the year 2016, this is according in the economic ministry estimates that has been published last June. The cabinet meeting last Friday, the prime minister questioned that the members in the government had the authority handled the talks in the unions by the reforms itself.
22:13
Posted on Jul-15-2007
