Spain announces 5.5% hike in minimum wage as 'tool' against inequality
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MADRID (Reuters) - Spain's new government on Wednesday announced a 5.5% rise in the minimum wage retroactive to Jan. 1, the third major economic initiative the left-wing coalition has announced since taking office earlier this month. The move is part of a plan to boost the net minimum wage to 60% of the average monthly pay packet of 1,944 euros (1,642 pounds) by the end of the government's four-year term."I want to announce that we are a strong government, that we are heeding the mandate of a..