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Conclusions: Recommendations to reform labour marketDenis Pennel28 November 20121. Allow for the balanced development of different forms of contractualarrangements to meet business and individual needs and removeunjustified restrictions2. Make permanent contracts employment-friendly to stimulate hiring3. Shift towards more active labour market policies in parallel withreforms of social security systems4. Open up for private agencies to provide employment services (andpromote cooperation with public employment services)5. Upgrade and update skills to meet demands of the labour market6. Cut red tape to encourage companies to grow33An efficient labour market is a key driverof competitiveness of a country:How to reach the right level of regulationto boost job creation and growth?