Sunday, 04 August 2013 09:30
'The International Monetary Fund (IMF) on Friday called on Spain’s unions and employers to work together to find solutions - including cutting workers’ wages - to tackle unemployment and stimulate growth so that more jobs can be created.
In its latest report on Spain, the IMF said government reforms need to go further to increase companies’ “internal flexibility” and “enhance employment opportunities for the unemployed.”
While lauding the government’s labor reform, IMF officials said the government should consider reducing taxes on companies that focus on hiring certain groups, such as the young and low-skilled.'
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