STABILITY LAW: INCREASE IN RELIEF FROM SOCIAL SECURITY CONTRIBUTIONS (IL SOLE 24 ORE, 21 OCTOBER 2014, P. 2)

The new draft of the stability law raises the ceiling for relief from social security contributions to EUR 8,060 (from EUR 6,200) for new hires with permanent contracts and confirms that starting 1 January 2015, subsidised contracts will cease for workers who have been unemployed for more than two years (as provided for in Law No. 407/1990). Compared with the prior version of the text, the draft no longer calls for the elimination of the most recent 12-month subsidisation for apprenticeship contracts that convert to permanent terms at the end of the training period. Accordingly, subsidisation appears to be confirmed for the time being.