Spain Increases Minimum Wage By 22% – World News – African News Network | Latest African News | Nigerian News | Breaking News
Connect with us

World News

Spain Increases Minimum Wage By 22%

Published

on

Spain Increases Minimum Wage By 22%

Spanish Prime Minister Pedro Sanchez said Wednesday his cabinet would approve next week a 22 percent increase in the monthly minimum wage to 1,050 euros ($1,192) in 2019.

The increase, “the biggest since 1977”, will be submitted to a cabinet meeting in Barcelona on December 21, he told parliament.

“A rich country can’t have poor workers,” said Sanchez, who is widely expected to call an early general election next year.

The measure was part of his minority Socialist government’s draft 2019 budget unveiled in October but which he is struggling to pass in parliament so it will now be approved by decree.

READ:  Myanmar Court Due To Hear Appeal On Jailed Reuters Reporters

The announcement comes after French President Emmanuel Macron unveiled Monday a 100-euro ($113) per month increase in the minimum wage from next year in a major concession to “yellow vest” protests which have roiled the country.

After years of austerity policies imposed to cope with the fallout from the 2008 financial crisis, governments are under increasing pressure to ease the purse strings, especially for the lower paid.

READ:  Iran: 15 Persons Killed In Plane Crash

Sanchez’s Socialists control just 84 seats in the 350-seat parliament, the smallest number for a government since the country returned to democracy following dictator Francisco Franco’s death in 1975.

He negotiated the draft 2019 budget with far-left party Podemos, which controls 67 seats, but would still need the support of Catalan separatist parties to pass the spending plan and they have steadfastly refused.

READ:  Labour Issues December Ultimatum For N30,000 Minimum Wage Implementation

The government estimated the minimum wage hike will cost the state 340 million euros per year.

Employers groups and the conservative opposition parties, the Popular Party (PP) and Ciudadanos, oppose the wage hike, saying it will hurt job creation.

PP leader Pablo Casado has said the 2019 budget, which also includes tax hikes, is “economically suicidal”.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

World News

Mexico: Death Toll Rises To 73 In Fuel Pipeline Explosion

Published

on

By

Mexico: Death Toll Rises To 73 In Fuel Pipeline Explosion

The number of people killed in the fuel pipeline explosion that happened on Saturday in Hidalgo, Mexico has risen to 73 while 74 others are severely injured.

Having spent an estimated $3 billion in 2017 in highly publicized war on fuel theft, Mexico’s president, Andrés Manuel López Obrador vowed on Saturday to redouble efforts in his fight against an epidemic of fuel theft that caused the explosion.

 

“We have to continue with the plan to end fuel theft,” “We will not stop. We will eradicate this.” The president said during a news conference later at the presidential palace in Mexico City.

The government’s strategy has included diverting fuel from the pipelines most heavily targeted by criminal gangs, and transporting it by truck. But the logistical changes have slowed deliveries across the country, causing shortages and long lines at service stations.

READ:  Britain To Replace Controversial Ambassador To Zimbabwe – Report
Continue Reading

Uncategorized

Regional Economic Summit Lebanon Overshadowed By Divisions

Published

on

By

Regional Economic Summit Lebanon Overshadowed By Division

A Regional Economic Summit Lebanon is preparing to host this weekend has been overshadowed by divisions over Syria’s future and efforts to contain Iran.

Many heads of state now say they will stay away.

The Emirs of Qatar and Kuwait will not attend, Egypt is planning to send the prime minister rather than the president, while the Palestinian authority president has said he will be in New York.

READ:  Real Madrid Appoint Spain Coach Julen Lopetegui As New Manager

The snub seems to be a message to Iran, whose allies, including Hezbollah, hold power in Lebanon and support the Syrian government.

Iran’s allies saw the talks as an opportunity to bring Syrian president Bashar Al-Assad back into the Arab fold.  They were hoping an Arab league foreign minister-level meeting before the summit would provide a chance to hold a vote on Syria’s reinstatement to the regional body.

READ:  'Dangerous Complacency' Feared As AIDS Conference Opens

The Arab league suspended Syria’s membership in 2011 and imposed economic sanctions over its violent crackdown on anti-government protesters before the country descended into civil war. Some countries withdrew their ambassadors.

READ:  NLC To Begin Nationwide Strike On Tuesday

Continue Reading

World News

Colombia: 11 Killed, 65 Injured In A Car Bomb

Published

on

By

Colombia: 11 Killed, 65 Injured In A Car Bomb

Colombian officials say 11 persons were killed and 65 others were injured after a car bomb detonated in the capital Bogota.

A high-ranking police official disclosed that the explosion appeared to be the result of a suicide attack.

READ:  Australian PM Vows To Investigate Aged-Care Industry

Police said the driver rammed the vehicle into the grounds of a police academy at full speed and ignored calls to stop.  The driver is presumed to have died in the blast, but it is unclear if authorities are counting the attacker in the death toll.

READ:  Osinbajo Meets With Economic Management Team Over Minimum Wage, Budget

President Ivan Du-Kay has condemned the attack as terrorism and vowed to bring the perpetrators to justice.  He has also declared a three-day mourning period.

Continue Reading

Trending

Subscribe to ANN News Alert

Be the first to receive the latest news from Africa and around the world.

%d bloggers like this: