What will the minimum wage be for 2026 after the suspension of the 23% increase?

TL;DR

The Council of State suspended the 23% minimum wage increase for 2026.
The decision was made to prevent irreversible adverse economic effects and due to indications of illegality.
The current minimum wage remains in effect until the government issues a new, motivated temporary decree.
This temporary decree must be issued within a maximum of 8 days and will be effective until a final ruling.
The private sector, particularly SMEs, had filed 16 lawsuits against the increase, citing rising labor costs.
The suspension introduces uncertainty, potentially reducing formal hiring incentives and increasing inflation expectations.

Continuar leyendo el artículo original