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Spanish authorities finalises settlement on pension reform

Spanish authorities finalises settlement on pension reform


El País praises the federal government:

“There are nonetheless some particulars to be labored out, however each the commerce unions and the federal government companions are taking a optimistic view of the reform (in distinction to the employers, who reject it outright). The European Commission has carried out the identical and has as soon as once more permitted a proposal from Pedro Sánchez’s authorities, because it did with the labour market reform. … This reform builds confidence that the general public pension system will stay viable within the medium and long run. Although it could be revised sooner or later, as Spain has already promised the European Union it’s going to do, this reform dispels a few of the uncertainty about our financial future.”

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