Art 18 will no longer stop investments

(ANSA) - Rome, November 21 - Premier Matteo Renzi said implementation of the government's Jobs Act labour reform in the new year will mean Article 18 of the 1970 Workers Statute is no longer an obstacle to investing in Italy. "The intention is to provoke you," Renzi told the Business Europe meeting of industrialists. "We are freeing up the traditional Italian system. Article 18 is a symbol of the Italian system that is no longer an obstacle," he said, adding that his government was committed to tax cuts. The premier said the final vote on the Jobs Act should be held in parliament on December 9 and the legislation will come into force with an enacting decree in January.