If this information is confirmed, the nominal increase in the Portuguese minimum wage would be the largest since 1993 and the highest in 10 years.

Portugal's minimum wage should reach 705 euros

Negotiations are not yet complete, but the national minimum wage (SMN) is expected to reach nearly 705 euros, according to information provided this Thursday by the Jornal de Negócios. It should also be noted that the government's commitment is that the minimum wage will reach the sum of 750 euros in 2023. Currently, we remind you that the gross minimum wage is set at 665 euros.

UGT secretary general Carlos Silva defended this month that the socialist government has an obligation to increase wages and proposed that the SMN rise to 1,000 euros by 2028. The UGT has approved its proposed claims policy for 2022, which calls for wage increases of at least 50 euros for all workers in 2022 and setting the minimum wage at 715 euros.

The CGTP has already stated that it will demand a 90-euro wage increase for all workers in 2022 and the setting of the SMIC 850 euros, values that will serve as a guideline for the inter-union unions in collective bargaining.

The annual general collective bargaining between the government and public administration unions begins on October 4, one week before the presentation of the proposed state budget for 2022 (OE2022) to the Parliament.

The PCP has again proposed an increase in the minimum wage to 850 euros and warned on Wednesday that there will be no postponement "for 2022 of the proposals registered at the EO for this year and that the government must decide how it intends to "approach" the discussion.

The government is expected to present the Estado budget proposal for 2022 to Parliament on October 11.