ITALY AND PORTUGAL LEAVE ALONE SPAIN IN THE LINE OF THE UE

We have been alone and in evidence today Spain will confront some elections that should change the state and east to the country today for force one can already say that Spain is another time the last of the line it is really the cancer of the Eurozone. Because up to now anything has not been said that strong and now they light the alarms, the truth is that the truth has never been said it could not be made, they had problems that being of smaller danger for the UE, they represented a curtain of smoke that isolated really of the view the two big problems for the Eurozone, Spain and Italy, these two problems that have been used by the UE to distract the reality they have been in fact Portugal and Greece more than Portugal has been it Greece, until you has arrived to a stabilization of the same one and at the same time one of the big Italy has been solved. 

Italy has been during years one of the biggest concerns in Europe. A GDP stagnated from final of 2011, an elevated unemployment rate and growing, and a debt publishes shot (132% on the GDP). The luck of Italy is that its economy is very separated from the politics what was not he from the productive and labor point of view Italy in spite of the crisis that we all suffer in spite of the critical situation in that it was from the point of view doesn't pass its unemployment of 13% and he has moved in a narrow margin of a margin of the 11, 8 at the 13, this is reflective of that exposed the Italian industry previously its competitiveness he has gone to its politics’ margin and its state economy. 

Finally, Matteo Renzi seems to have achieved in little time that Italy stops to be a concern and become an example. In the "great debate of last Sunday among Albert Rivera and Pablo Iglesias", Rivera the leader of the formation orange (citizens) it put of example one of the labor contracts that the Italian Government has approved to fight against the duality of his labor market and to improve the productivity of the factor work (employees). Who will have said Italy for some years it could be example of something in economic matter.   

But the praises don't end up there, but rather the youth and promising first minister Matteo Renzi has been able to cure Italy of its chronic in governability now Italy had been able to coordinate their two legs and he has begun to walk right and to leave the dangerous stagnation that suffered. Europe should copy the resurgence of Renzi' (editorial of Bloomberg), they fill the pages of the media. But, what has this political youth made to achieve that Italy is an example, this if really, for Europe? 

The key of its success seems to reside in the reformations, mainly in economic matter and inside this, especially in the labor environment. A well-known reformation as the Jobs Act that has helped to liberalize a very rigid labor market according to Bloomberg and with some normative ones that 'they on-protected' to the worker and day of today they were counteractive: "Their reformation has helped to liberalize this market, it has finished with the excessive protection reminiscence of the unions (Mafioso or not) and they are giving the opportunity to the companies to hire without fear."  

"Renzi has faced the excesses, it has auctioned a fleet of 1.500 vehicles (Maserati, Jaguar, BMW, etc.) that were being used to transport officials and political. It has also substituted directors of public companies that took years in their positions, it has approached an intense constitutional reformation and, mainly, it has saved Italy from the economic stagnation to which had been habituated", he explains the editorial of the agency Bloomberg.  

Such and like Samuel explains to Bentolila, economist specialized in the labor market, Renzi has created in the Jobs Act a new contract with an abbreviated procedure of discharge and a compensation of a month of wage for year of antiquity, that is to say that grows in a continuous way. The company has 30 days to deposit the compensation in a bank and if the worker accepts it (in two days) "the discharge is considered reasonable". They highlight two aspects. On one hand, the worker cannot accept the compensation of the abbreviated procedure. If he goes in opinion it can win (I discharge unfounded), being duplicated the compensation, but it can also lose (I discharge reasonable) and not to charge anything. This way, the success of the abbreviated procedure will depend on the prospective yield for the worker of going in opinion, including the duration of the process and the probability of success", Bentolila explains in the blog "Anything it is Free." 

The most outstanding measures refer to the disciplinary discharge. With the old legislation, the companies with more than 15 employees they were forced to reinstate a worker discharged in the moment in which this alleges that their discharge had been unjustified. Now, only in the situations in those that discrimination is demonstrated toward the worker or formal defects or of communication in the discharge should be readmitted.  

In case the discharge is declared unfounded, the compensation will be of a minimum of two months and a maximum of 24 installments, according to the employee's antiquity in the company. Also, Renzi included fiscal excuses for the companies that converts temporary employments in indefinite. All these measures started at the beginning of 2015 and they seem to be working.  

The unemployment has fallen to 11,9%, from 2013 it is the first time that falls below 12%. The unemployment of long duration and the juvenile one have also begun to feel these reformations with strong descents in the last published data. Everything it accompanied by a bigger economic growth in the Eurozone that of course is helping and a lot to the economy transalpine. After years of stagnation and decrease, the GDP grew 0,2% inter year in the first trimester of the year and 0,7% in the second trimester of 2015, a tendency that seems it will continue to the rise.  

Now already they come it the problem it is Spain it has been alone and in the line and with this panorama we will enter in electoral period and we have to tune a lot who we vote because it is clear that the classic thing no longer works countries like Greece Portugal Spain and Italy they coincide in a common point they are very old countries that some old customs that have created structural bad habits that make them incompetent in front of their same neighbors and European partners crawl it is necessary to change for force if we want to continue being in the new economy today already everything it is based on the agility of knowing how to change what no longer works although he has made it during many years.