SALARY INCREASES BY 6% IN 2020

&amp;NewLine;<h2 class&equals;"wp-block-heading">Portugal's minimum wage to rise by 6 per cent in 2020<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Increasing the minimum wage is the main <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;le-gouvernement-portugais-veut-augmenter-le-smic-de-25&sol;"><strong><span style&equals;"text-decoration&colon; underline&semi;">Prime Minister's commitment<&sol;span><&sol;strong><&sol;a>&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Portugal's minimum wage&amp;nbsp&amp;semi;will&amp;nbsp&amp;semi;increase by almost 6&amp;nbsp&amp;semi;&amp;percnt; in 2020&amp;comma; announced&amp;nbsp&amp;semi;the Socialist government on Wednesday&amp;period;&amp;nbsp&amp;semi;It will rise to 740 euros gross per month over 12 months from the current 700&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>According to Antonio Costa, "&amp;nbsp&amp;semi;This increase is in line with our economic and social situation&amp;comma; it is perfectly compatible with our legislative objective&amp;nbsp&amp;semi;"&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h3 class&equals;"wp-block-heading">CIP does not share Costa's point of view <&sol;h3>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>"It's an overly ambitious target"&amp;comma; criticized the president of the French <a rel&equals;"noreferrer noopener" aria-label&equals;"confédération des entreprises portugaises &lpar;opens in a new tab&rpar;" href&equals;"http&colon;&sol;&sol;cip&period;org&period;pt&sol;" target&equals;"&lowbar;blank"><strong><span style&equals;"text-decoration&colon; underline&semi;">Confederation of Portuguese Companies<&sol;span><&sol;strong><&sol;a> &amp;lpar;CIP&amp;rpar; Antonio Saraiva&amp;period; CIP's main fear is that small Portuguese companies won't be able to keep up with this increase in the Portuguese minimum wage&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>On the other hand&amp;comma; Arménio Carlos&amp;comma; leader of the CGTP&amp;comma; Portugal's main trade union confederation&amp;comma; this amount is "&amp;nbsp&amp;semi;insufficient&amp;nbsp&amp;semi;" in a favorable economic context&amp;period; "Our aim was to listen to the social partners&amp;nbsp&amp;semi;" and to "&amp;nbsp&amp;semi;find a point of balance between the various proposals&amp;nbsp&amp;semi;"&amp;comma; the minister added&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">Towards the end of austerity policy<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>In the future&amp;comma; "&amp;nbsp&amp;semi;there will be annual assessments&amp;nbsp&amp;semi;" to revalue the Smic in line with economic trends&amp;comma; she added&amp;period; The Socialist government intends to continue to pursue a social policy while continuing the consolidation of public finances begun during the previous legislature thanks to the upturn in the economy&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The economic recovery remains very fragile and is linked solely to tourism and real estate investment by foreign investors&amp;period; The government does not seem to want to take this information into account&amp;period; If these two types of investment were to collapse&amp;comma; Portugal would not be able to recover&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;