Calviño insists that “the rise in the SMI must be framed in an income agreement”


Nadia CalvinoFirst Vice President and Minister of Economic Affairs and Digital Transformation, defended this Monday that the rise in the Minimum Interprofessional Salary should be framed in an income agreement with the objective of improve the salary conditions of Spanish workers as a whole.

“Not only does the minimum wage have to go up, we have to improve the salary conditions of all workers in Spain”, insisted the first vice president in statements to the media after the celebration this Monday of the Sectoral Conference for Regulatory Improvement and the Business Climate.

Just this Tuesday, the Ministry of Labor has summoned the social agents to address the increase in the Minimum Interprofessional Wage (SMI) with a view to 2023. For Calviño, “the ideal” would be to have a great agreement on the income agreement with the social representatives, which would provide confidence to workers, citizens, the self-employed, businessmen and investors in the coming years.

For her part, the government’s economic officer has reported that next week a meeting with social partners, but this time it will be dedicated to the Recovery Plan. The meeting will be held before the Executive sends the addendum to the Plan to Brussels, which is estimated to take place in the first quarter of the year.

Faced with a “good economic base” for the year 2023, Calviño has highlighted the importance played this year by European funds and the recovery plan. “With the exception of one autonomous community, practically all of them have conveyed their deep gratitude and appreciation for the work of the Government and the effort that is being made for the rapid deployment of funds,” said the Government’s economic officer, referring to the meeting that has been held with representatives of the CCAA and the FEMP.

3,000 million euros have been committed

According to Calvino, the investment deployment process is accelerating in this first month of 2023 in which 3,000 million euros have already been committed, which means more than 13% of the total allocated budget for this year. In this way, thanks to the pace of execution, calls for more than 23,300 million euros have been resolved, which are financing more than 190,000 projects, 45% of them developed by companies.

On the part of the Autonomous Communities, Calls and tenders have been launched for more than 50% of the allocated funds, approximately 20% of which have been resolved, that is to say around 4,000 million euros. “31,000 million euros have been received from the community budget and both regional and local administrations are managing investment projects for approximately 28,000 million euros”, the vice-president indicated.

Reallocate the most difficult funds

Now, according to Calviño, it is necessary to focus on the deployment of investments by the autonomous communities. In fact, at the meeting they were urged to identify those projects that may be more difficult to execute in order to proceed to reallocate the funds and thus guarantee 100% execution.

Regarding the addendum to the recovery plan, The regional representatives have expressed their agreement with the priorities of reinforcing autonomy and strategic industrialization in the energy, agri-food, industrial, technological and digital fields. They have also agreed, according to Calviño, with launching new programs for technical assistance and micro-accreditations to continue expediting the deployment of investments and especially strategic projects, the Perte.

Finally, it has been agreed to hold “quickly” a new technical meeting to work in more detail the articulation of a possible fund that channels European loans to sustainable investments in the autonomous communities, a project that is “notably complex, taking into account the regional financing system and the need to guarantee fiscal neutrality”, acknowledged the minister.

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