Italian unions say talks with Fiat stalled

Newswire

ROME, Nov 29 (Reuters) - Talks between Italian unions and crisis-hit carmker Fiat over 8,000 planned layoffs broke down on Friday, a union official told reporters. "The negotiations have reached a point of absolute stall. The conditions are not there for an agreement on the positions taken by the company and we want a government presence," said Gianni Rinaldini, head of the Fiom metalworkers' union. Fiat, Italy's largest private employer, is battling to reduce its debt pile and revive ...

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