Brussels, 13/02/2012 (Agence Europe) - Even though it still has to conduct a more in-depth assessment, the European Commission reacted positively on Monday 13 February to Spain's adoption of further reform to bring greater flexibility to its labour market, including reducing redundancy compensation and measures to encourage youth employment.
Unemployment is currently unacceptably high (22.85% of the labour force at the end of 2011) and the Spanish labour market has not so far responded...