The economic crisis caused by the coronavirus draws a horizon of stagnation in salary increases in Spain and a greater distance in remuneration between managers and employees base. The pandemic also opens the door to a dual economy, with an extreme impact on some sectors (services, commerce or tourism) and good results for other types […]
Tag: minimum salary
The Government offers to negotiate “soon” the repeal of the labor reform to demobilize the unions
The convocation of the unions to mobilize against the Government on February 11 has prompted the Executive to offer them the partial repeal of the labor reform in a negotiation that will open “soon” and that should be carried out in weeks. The written commitment is to “balance” labor relations within the companies and includes […]
The government says it will present 170 reforms to Brussels in exchange for the funds and the unions demand “prudence” of it.
The Government will present 170 reforms in 30 chapters to the European Union in exchange for European funds, according to the leaders of CCOO and UGT after a meeting with several ministers headed by the vice president Nadia Calvio. So much Unai Sordo, from CCOO, as Pepe Ã??lvarezThey have shown fear that the Executive will […]
BBVA Research further deflates the recovery for this year and warns: “This is not the time to raise the SMI”
BBVA Research estimates that the economy will grow this year by 5.5%, that is, half a point less than what it had previously forecast and, more importantly, it is far from the almost 10% expected by the Government. Therefore, it deflates the recovery that the economy will register in this year as a result of […]
Montero advances that the deficit closed 2020 at around 11.3% of GDP
The Minister of Finance, Maria Jesus Montero, has advanced that the public deficit closed 2020 according to the forecast estimate of “around 11.3% of GDP”, with a fall in public income of about 7.6% as a consequence of the Covid crisis. This is what Montero has indicated in an interview with Europa Press, in which […]
Yolanda Díaz raises the rise in the SMI at “just 9 euros”: “It would be worrying if companies cannot bear it”
Yolanda DÃaz met this morning with social agents at the Economic and Social Council prior to the negotiation that the Ministry of Labor will hold this afternoon with the same interlocutors to agree to an increase in the Minimum Interprofessional Salary (SMI) in 2021. In open opposition to the vice presidents Carmen Calvo and Nadia […]
Calvo joins the support for Calviño and discards the rise in the SMI that Yolanda Díaz defends: “Not now”
The First Vice President of the Government and Minister of the Presidency, Relations with the Courts and Democratic Memory, Carmen Calvo, assured this Friday that she would not raise the minimum interprofessional salary (SMI) now because it has already increased by 29% in the last two years and there must be a balance between protecting […]
The Government refuses to freeze the SMI and summons businessmen and unions to discuss the rise on Tuesday
The Government has decided to start the round of consultations next week prior to its decision on the update of the Interprofessional Minimum Wage (SMI). The Ministry of Labor has summoned the social agents next December 15 to present their proposal regarding the minimum amount that any worker should receive from 2021, a decision that […]
The Balearic economy will fall 20% this year and will not recover until 2023
BBVA Researh estimates that the Balearic economy will fall by 20% in 2020 due to the uncertainty and the effects of the health pandemic, but estimates that it will be the community that will grow the strongest in Spain next year, with 10.5% GDP growth in 2021, above the national average of 6%. The Eastern […]
Calviño hopes that the EU will resolve “in weeks” the veto of Poland and Hungary due to the urgency of the arrival of funds to Spain
“We hope that this situation will be resolved because it is urgent that the multi-year framework be approved.” The specter of a blockade on the arrival of funds for 140,000 million euros negotiated last July within the European Union has been present today at the meeting that the Government has held with social agents to […]