Latest news and stories about strike in finance in Portugal for expats and residents.
The Civil Aviation Pilots' Union (SPAC) will not join the general strike on June 3rd against the labour package, the union president said this Monday. Hélder Santinhos also commented on TAP's results, stating that he views the recovery of the accounts “favourably” and admitted concern regarding the labour impact.
The CGTP trade union confederation is formally submitting a strike notice today for a general strike on June 3rd to protest against proposed labour law reforms following failed negotiations.
Public and private sector employees have launched a strike to protest the new labour package, causing significant disruptions to essential services including schools and hospitals.
The right to strike must be balanced against the public's right to freedom of movement, ensuring that labour disputes do not completely paralyze urban infrastructure.
Economist João Rodrigues dos Santos analyses the impacts on the Portuguese economy that this Wednesday's general strike could cause.
The General Strike called by the CGTP for this Wednesday signals a powerful worker response rejecting the labour package the government continues to push. This is a dangerous attack on workers' rights that must be defeated to prevent a future of instability, precariousness, and low wages. Beyond labour rights, the strike addresses the rising cost of living, driven by global conflicts, fuel prices, and speculative profiteering. Furthermore, the Governor of the Bank of Portugal's proposal to raise interest rates will further burden households with higher credit costs while boosting bank profits. Workers are caught in a pincer movement between the government's labour policies and these interest rate hikes, which threaten to further erode real wages and living standards.
António Filipe believes that a minimum wage of 1600 euros is “flagrantly contradictory to the political practice” of the Government. Additionally, pre-hospital emergency technicians have called off their strike.
