The Government summons social agents this Wednesday to re-address the income pact

The Government summons social agents this Wednesday to re-address the income pact

The Executive will try to “channel” the pact to give “confidence and stability” to society in the face of the current inflationary escalation

July 5. () –

The Government plans to meet this Wednesday with social agents — employers and unions — to revisit the income pact in the face of a “complex” scenario for the coming quarters due to the fact that inflation is being more persistent and higher than expected. expected.

The First Vice President and Minister of Economic Affairs and Digital Transformation, Nadia Calviño, was the one who announced that the promotion of an income pact will be one of the points that the Executive intends to address with the representatives of the workers and businessmen at the meeting of the ‘Social Dialogue Table of the Recovery, Transformation and Resilience Plan’.

In the same line in which organizations such as the Bank of Spain have positioned themselves, the Executive advocates that the social agents be able to agree on an income pact to provide “confidence and stability” to workers, companies and society as a whole before the current inflationary episode.

Thus, at this Wednesday’s meeting, the Government will try to promote, support and channel this dialogue between companies and workers to contribute to an income pact that allows it to continue facing current challenges and in particular those derived from rising prices.

And it is that, according to the latest data provided by the National Institute of Statistics (INE), the Consumer Price Index (CPI) shot up its year-on-year rate in June to 10.2%, its highest level since April 1985, mainly due to increases in fuel prices and food and non-alcoholic beverages.

Despite the fact that the Executive maintained a few months ago that the inflationary rebound would be “temporary”, the data show that this escalation has not ceased, even with the measures adopted by the Government to deal with it. Of course, the President of the Government himself, Pedro Sánchez, has indicated that without the approved economic measures, inflation would be 15%.

Given this scenario, Pedro Sánchez has also recently insisted on the need for this income agreement. “We have to be aware that the citizens, the working middle class of this country, are willing to tighten their belts if they see that there is a fair distribution of the burdens of this economic crisis derived from Putin’s war in Ukraine,” Sánchez said. in an interview on ‘La Sexta’ last week.

On other occasions, the president has already suggested that the social agents –employers and unions– should reach an agreement on income, both in the field of salary and in that referred to the review of company benefits.

It must be remembered, however, that the Second Vice President and Minister of Labor and Social Economy, Yolanda Díaz, has publicly shown her rejection of this type of initiative, arguing that in the history of Spain “there are no good experiences” with the pacts of rents.


After knowing the will of the Government to take this issue to the meeting this Wednesday, the general secretary of the UGT, Pepe Álvarez, has been “surprised”.

Álvarez has indicated that the meeting was on the agenda but has denounced that he did not know the agenda and that he had learned about it from the words of the vice president. “Now we have found out, via the media, that he wants to talk about the rent agreement. When the meetings are not prepared, it does not seem to me that the result is going to be exactly positive, but we are going to see what the government’s proposals are” , has indicated.

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Written by Editor TLN

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