Spain’s new government agrees to raise pensions in line with inflation


MADRID (Reuters) – Spain’s government has reached a preliminary deal to raise retirement pensions in line with inflation, suggesting its new Socialist leaders may take a less restrictive approach to spending after years of austerity under their predecessors.

FILE PHOTO: People take part in a demonstration demanding higher state pensions, in Madrid, Spain, March 17, 2018. REUTERS/Sergio Perez

The multi-party commission that controls social spending had agreed to the raise, though full details were still to be decided, the Socialist party said in a tweet late on Tuesday.

“Now the right…



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