The minimum wage (SMI) in Spain has been raised again, this time to €1,260 per month, a monthly increase of €93.30 (8%), making an annual salary of €15,120.
The government agreed the amount with the CCOO and UGT unions after over a month of negotiations, which the CEOE employers’ association refused to participate in, having held out for a rise of 4%.
Full report in Friday’s Costa Blanca News