Spain Proposes Four-Day Work Week Reform
Spain Proposes Four-Day Work Week Reform

Spain Proposes Four-Day Work Week Reform

News summary

The Spanish government is pushing forward with a plan to reduce the working week from 40 to 37.5 hours without altering wages, despite significant internal discord within the coalition government. Labour Minister Yolanda Diaz has accused Economy Minister Carlos Cuerpo of siding with employers and suggested a delay in implementation would undermine workers' rights. The reform aims to be fully in place by the end of 2025, affecting around 12 million workers, but faces opposition from business groups who argue for collective bargaining instead. Critics, including Spain's central bank, warn that the plan could lead to higher labor costs, inflation, and reduced job creation. Despite the controversies, a source from the economy ministry has stated that the government remains committed to the initiative as a priority for economic policy. The outcome of this debate could significantly impact Spain's economic direction and labor relations.

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