Argentina's Macri downgrades labor reforms after union pressure
FEBRUARY 1, 2018 / 6:08 AM / 2 DAYS AGO
Nicolás Misculin
BUENOS AIRES (Reuters) - Argentina’s government is scaling back and delaying a planned labor reform after pressure from union leaders and a violent protest over changes to pension laws late last year.
Measures will be split into two or three bills to be sent to Congress from March, once the government has negotiated with opposition Peronists and with powerful union leaders, two government officials said.
President Mauricio Macri had promised more immediate and drastic changes to the country’s labor laws, widely seen as among the most costly to companies in Latin America, after his business-friendly coalition performed unexpectedly well in October’s mid-term elections.
But he still does not have a congressional majority and has responded carefully to recent hostility from unions. The government now seeks a piecemeal approach to labor reform, one of the main factors that has held back investment in Latin America’s No. 3 economy.
More:
https://uk.reuters.com/article/uk-argentina-politics/argentinas-macri-downgrades-labor-reforms-after-union-pressure-idUKKBN1FL50W?rpc=401&
