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New Labor Act

The new Labor Act (Official Gazette, 93/14) entered into force on 7th August 2014. In our Client Alert “Labor Legislation Reform” of March 2014, we presented the draft that was before the Parliament at that time. The Government announced the draft as being very progressive and pro business. Facing strong trade union and public opposition, the resulting legislation is a compromise between employee and employer aspirations which amounts to only a mild improvement of the business climate.

 

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