Latest news and stories about social concertation in finance in Portugal for expats and residents.
The Portuguese government and social partners convene in Lisbon to initiate discussions on the 2027 State Budget, with trade unions and business associations also pushing for a revision of the 2024 minimum wage agreement.
Labour reform negotiations have reached a stalemate as tensions escalate between the government, unions, and employer confederations. Despite presidential pressure for compromise, a lack of trust and conflicting agendas have stalled progress, leaving the future of the legislative package uncertain ahead of May 1st.
The Prime Minister sends a message to the UGT, stating that if the agreement within the social concertation fails, it will be “inexcusable”. Additionally, the Lisbon Metro expects the service to be closed from 11 PM onwards.
The Prime Minister argues that the trade union federation has no further arguments to refuse signing the social concertation agreement. Luís Montenegro also acknowledges the risk of a return to deficits.
Home News Portugal approves progressive income increase Portugal approves progressive income increase The Assembly of the Republic approved, in particular, a draft resolution by the PSD aimed at strengthening the discussion in Social Concertation, with a view to the progressive increase in worker
