Minimum wage will rise only to €970 in 2027: the labour minister has refused to revisit the agreement
The labour minister, Maria do Rosário Palma Ramalho, told journalists on 5 November that there will be no extra rise in the minimum wage: from January 2027 it will go up from €920 to €970 a month, as set out in the draft budget (Notícias ao Minuto). Take-home pay on €970 will be €863.30 (our article).
The government agreed the €970 figure in Concertação Social, the council where it negotiates with trade unions and employers' organisations; everyone signed the agreement except CGTP, the largest trade union confederation. "The amount can only be changed by a new agreement. There is no such agreement at the moment," the minister said. The unions are calling for a bigger rise than the agreement provides for, but employers have not yet made any counter-proposals.
According to the minister, by the end of the current government's term the minimum wage will have risen by 34% under this agreement, and "for a country like Portugal, that is no small thing".
