Spain will fulfill labor reform plan, not lower pensions after EU deal

Madrid

The Spanish government will fulfill its commitment to change the country’s labor laws and will not lower public pensions after approval of the EU recovery fund earlier this week, Labor Minister Yolanda Diaz said on Wednesday.

Diaz’s comments echoed remarks by Foreign Minister Arancha Gonzalez, who said Spain intended to reform its labor laws to reduce the structural unemployment rate as part of commitments tied to the disbursement of the European Union recovery fund.