DLP Insights

EXCEPTIONAL REDUNDANCY FUND: READY 400 MILLION (IL SOLE 24 ORE, AUGUST 20, 2014, P. 29)

Categories: DLP Insights, Legislation

22 Aug 2014

The Labour Ministry, with decree n. 83117/14, has established the new fund of 400 million for the exceptional redundancy fund and mobility treatments. Lombardia Region, with almost EUR 71 million (followed by Veneto Region, with EUR 35.6 million), is the Italian region which has been allocated the largest share of the fund. It should be noted that the financial resources made available can be used only by the companies, within the limits of the resources geographically allocated, for employees hired with open ended and fixed term contracts including staff leasing workers and apprentices.

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