{"id":118833,"date":"2019-04-15T09:40:09","date_gmt":"2019-04-15T09:40:09","guid":{"rendered":"https:\/\/www.bnreport.com\/pensions-wont-be-frozen-promises-spains-rajoy-217\/"},"modified":"2019-04-15T09:40:09","modified_gmt":"2019-04-15T09:40:09","slug":"pensions-wont-be-frozen-promises-spains-rajoy-217","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/pensions-wont-be-frozen-promises-spains-rajoy-217\/","title":{"rendered":"Pensions wont be frozen, promises Spains Rajoy"},"content":{"rendered":"<p>MADRID \u2014 Spains Prime Minister Mariano Rajoy on Wednesday fended off criticism over stagnant pensions by promising to raise payments if he gets opposition backing for the delayed 2018 budget.<\/p>\n<p>Rajoy said he will propose tax cuts for retirees and families, as well as increases for minimum pensions and payments to widows under the framework of budget negotiations, which are due to start later this month.<\/p>\n<p>\u201cAs long as Im the prime minister, pensions wont be frozen \u2026 they will rise as much as possible,\u201d he told Congress in a special session called in response to pensioners protests and criticism by the opposition.<\/p>\n<p>Labor unions have called fresh demonstrations for Saturday, demanding payment increases in line with inflation, which reached 2 percent in 2017. Pensions have risen by 0.25 percent annually in the past five years.<\/p>\n<p>Rajoys minority government managed to assemble a fragile multiparty coalition to back the 2017 budget, but its unclear whether it will be able to do the same this year, with some key opposition groups hesitant to lend their support.<\/p>\n<p>The Socialists and far-left Podemos have tried to sink their teeth into Rajoy on pensions, an issue dear to the ruling Popular Partys <a href=\"https:\/\/www.politico.eu\/article\/the-spain-mariano-rajoy-counts-on-for-the-reelection-spanish-vote-podemos-ciudadanos\/\" rel=\"noreferrer noopener\" target=\"_blank\">aging constituency<\/a>: An estimated 36 percent of over-65s voted for Rajoy in 2016, when he received 33 percent of the total vote.<\/p>\n<p>\u201cYou should be ashamed to raise pensioners payments by \u20ac2 and come here boasting,\u201d Margarita Robles, the Socialist speaker in Congress, told Rajoy on Wednesday.<\/p>\n<p>\u201cYou say theres no money. Its not true,\u201d said Pablo Iglesias, the leader of Podemos, accusing Rajoy of wasting taxpayers money by bailing out the banks.<\/p>\n<p>\u201cWe cant spend what we dont have because that is precisely what sank our country and were obliged to meet our European commitments in terms of the public deficit,\u201d Rajoy replied.<\/p>\n<p>While<a href=\"https:\/\/www.politico.eu\/article\/pensions-wont-be-frozen-promises-spains-mariano-rajoy\/?utm_source=RSS_Feed&amp;utm_medium=RSS&amp;utm_campaign=RSS_Syndication\" rel=\"noreferrer noopener\" target=\"_blank\"><strong>Read More \u2013 Source<\/strong><\/a><br \/>\n[contf]<br \/>\n[contfnew]<br \/>\n        <img decoding=\"async\" src=\"https:\/\/encrypted-tbn0.gstatic.com\/images?q=tbn:ANd9GcRMd3Tz2gX9xSa6CJyaOj2dokBVcrdaT4yY3R3RI7YmL18vCLZZ\"\/><\/p>\n<h5><a href=\"http:\/\/www.politico.com\/&gt;Politico&lt;\/a&gt;&lt;\/h5&gt;_&lt;\/p&gt;[contfnewc]_[contfnewc]_&lt;\/body&gt;&lt;\/html&gt;\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/h5>\n","protected":false},"excerpt":{"rendered":"<p>MADRID \u2014 Spains Prime Minister Mariano Rajoy on Wednesday fended off criticism over stagnant pension..<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":["post-118833","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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