he Spanish economy has two very serious problems: signing of a wage agreement, which allows recovery of some of purchasing power in medium term, and a solution to reform pension system. Social agents (businessmen and trade unions) have shown a frustrating inability to reach a wage pact in 2017; It would be very dangerous for economic and social stability that agreement would also fail for 2018, because wage-earning policy cannot remain dissociated from reactivation. The recent agreement in Balearic Hospitality industry (17% for next four years) shows that pacts can be possible if conditions are given.

The tables of agreement to reform pensions continue to negotiate at a very slow pace. The exhaustion of pension piggy Bank, ageing of population, increasing difference between life expectancy and retirement age and, in short, fact that new pensions are more expensive than old ones, lead to a near crisis of system (Recort It is drastic and continuous of benefits), if government and Parliament do not make immediate decisions, such as transfer to budgets of some pensions, elimination of flat rates that subtract from system income or rises of higher rates of Quote.

Although salaries and pensions require negotiation and full political dedication, because y affect whole of Spaniards, institutional crisis in Catalonia blocks attention due to social welfare of whole country. The independentist convulsion Blinds The political space that both cases deserve. The cost of independence delirium is not only measured in expectations of lower growth, direct impact of instability, but also in form of an onerous delay in solution of two basic problems of social welfare in Spain.

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