Spain to Increase Minimum Wage by 5.3% Ahead of Key Election
The increase would lift the monthly minimum to €1,286 and raise purchasing power for low-wage workers, while falling short of union demands.
56 Articles
56 Articles
In Spain the outgoing government approves an increase in the minimum wage that goes well beyond the inflation rate, a few weeks after the early elections. But for the former mayor of Barcelona Ada Colau, leader of the Frente Amplio, it is not enough. And it wants a 2% tax on assets over the million euros. And 10% on those who have more than four houses
The deadline for submitting contributions to the project ends on 16 November, so the increase could be approved in one of the Councils of Ministers prior to the 29 November elections.
Work ignores social dialogue and proposes an increase of 5.3% of the SMI in 2027 to 1,286 euros, above what is recommended by its experts.
The Minister of Finance, Arcadi España, has defended that raising the minimum wage interprofessional...
Coverage Details
Bias Distribution
- 42% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
