Italy's technocrat prime minister, Mario Monti, came to office less than five months ago as the country's finances were in a tailspin. And now he could be facing his toughest challenge yet — pushing through changes to labor regulations.
Italian labor rules ensure job security for older workers but can condemn the younger generation to a series of insecure, temporary jobs.
Since taking office, Monti has pushed through a round of tough austerity measures, budget cuts, pension reform and some deregulation.
Italy's next step in a crisis is at the top of NPR's business news.
Italian prime minister Mario Monti is trying to restructure the economy so his country has a better shot at paying its debts. Today, he sits down to negotiate with the country's powerful trade union leaders. Monti hopes to weaken legal protections that make it almost impossible to fire employees. He blames these rules for slow economic growth and high unemployment in Italy.
Amanda Knox, the U.S. college exchange student who won an appeal to overturn her murder conviction in Italy last October, has signed a deal to write a memoir — for which she'll earn nearly $4 million, according to reports.
Denver and Rome could not be farther apart. But today one city used to massive snow storms is facing a blizzard so big it cancelled 310 flights, even though the Denver airport has 500 workers clearing the snow. The other one hasn't seen this much snow since the '80s.
NPR's Sylvia Poggioli told our Newscast unit the 1.5 inches of snow in Rome and the 16 inches that have accumulated in the northern suburbs have meant that very few attended schools and big tourist attractions like the Colosseum were closed.