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Sánchez guarantees a rise in the minimum wage before 29N and warns PP and Vox

Pedro Sánchez assures that the Government will raise the minimum wage before the general elections on 29 November and urges employers and unions to negotiate salary increases.

Álvaro Sáez Ferrer
Álvaro Sáez Ferrer
· 2 min read

The President of the Government assures that the Executive will raise the minimum wage before the general elections on 29 November. He also warns that a PP government with Vox would be a "real regression".

According to la7tv.es, the President of the Government, Pedro Sánchez, has assured that the Executive will raise the minimum interprofessional wage (SMI) before the general elections on 29 November. He stated this in an interview with the newspaper El País, later reported by Europa Press.

Sánchez has also urged employers and unions to negotiate an increase in average wages to address inflation. Regarding pensions, he defended the strength of the public system, which, according to his proposal, has been reinforced by wage increases and the regularisation of hundreds of thousands of migrants who are now contributing to the Social Security.

The President summarised the electoral event as a dilemma and predicted that the PSOE would achieve a "much broader" progressive parliamentary majority.

"Either the past advances or Spain advances."

Regarding a possible government of PP and Vox, Sánchez stated that this alliance would mean a setback of "40 or 50 years in one go" in debates such as abortion or dignified death. As an example, he cited the decision of the Government of Castilla y León to withdraw subsidies from films considered ideologised.

"Vox provides the ideas and the PP provides the ambition for power."

In the same interview, he acknowledged that his biggest mistake in his eight years in government was not seeing the corruption of Ábalos. Regarding housing, he proposed regulating the real estate market and compared this measure to the intervention in the energy market.

"If we have intervened in the energy market and it has been positive, why shouldn't we also regulate the housing market?"

When asked about the migratory crisis in Ceuta, he admitted there were warnings, although he assured that no intelligence service or State Security Forces anticipated its magnitude. Regarding Morocco, he acknowledged "discrepancies" over Ceuta and Melilla.

The interview does not specify either the exact date of the SMI increase or its amount.

Álvaro Sáez Ferrer

Written by

Álvaro Sáez Ferrer

Redactor

Economista por ICADE y una de las pocas personas que disfruta leyendo la ley de presupuestos. Cafetero, padre a tiempo completo y azote de la letra pequeña; en Diario Empresas escribe de economía y fiscalidad.