Spain to approve retirement reforms next month: government

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The Spanish government will approve next month its controversial plan to reform the pensions system, which includes raising the retirement age from 65 to 67, it announced Friday.

The plan, which has sparked fierce opposition from the country's main unions, will be approved on January 28, Deputy Prime Minister Alfredo Perez Rubalcaba told a news conference.

"We have agreed that the government will approve the reform of the pensions system on January 28 in order to send it to parliament," he said.

Spain's socialist government unveiled the plan more than a year ago so as to be able to maintain pensions despite an ageing population and strained public finances.

© 2010 AFP

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