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Spain May Raise Minimum Wage by 5% Before Elections

Summary by BizToc
Spanish Labor Minister Yolanda Diaz is planning to raise the minimum wage by around 5% in 2027 ahead of the general election, anticipated for November 29, El Pais reported on Friday.The proposed incre...

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Lean Left

Trade unions call for a 7% increase and employers criticize the political implications of the measure, which the government will adopt when it has the expert report

·Madrid, Spain
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Labor wants to raise the SMI to about 1,282 euros per month in 2027 before the November 29 elections. Trade unions demand 7% and employers question the electoral calendar of the measure.

Work continues, as explained by the Ministry, moving towards the approval of the rise of the Minimum Interprofessional Wage (SMI), an increase that seeks to approve before the opening of ballot boxes. Yolanda Díaz and her team increase the pace to be able to implement the measure, which is highly likely to be the last to be promoted in this legislature, with the intention of closing the process with an increase of the minimum remuneration of Spa…

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  • 100% of the sources lean Left
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El Pais broke the news in Madrid, Spain on Friday, October 16, 2026.
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