Diaz gives experts until November to make proposals on raising the minimum wage

The Second Vice-President of the Spanish Government and Minister of Labour , Yolanda Díaz, has asked the committee to have the proposalfor an increase in the minimum wage ready by the end of October or the beginning of November, and has asked it to ensure that purchasing power is not lost.

At a press conference to launch the committee 's work, Díaz stressed that the increase must ensure that purchasing power is not lost, although he did not clarify how much the minimum wage will be increased.

Díaz also recalled that the CPI has increased to 4.9%, and that it is the job of experts to "provide guarantees so as not to lose purchasing power."

In keeping with this, he stresses that the increase must be at least 60% of the average wage and must take into account productivity and the economic context.

For all these reasons, the Ministry of Labour intends to speed up the deadlines so that the increase can take place as soon as possible. In this regard, Díaz has specified that the Government has the power to raise the minimum wage. Therefore, once the expert report has been received, they will sit down at the dialogue table with employers and trade unions.