Antonio Garamendi

has been re-elected this Wednesday

president

of the Spanish Confederation of Business Organizations (

CEOE

) for a second term of four years and will have to face important negotiations with the Government and the unions between now and the end of the year, such as the one related to the increase of the

Minimum Interprofessional Wage (SMI)

in 2023 and the second part of the

pension

reform .

The 64-year-old from Biscay, who has been at the head of the business association since he replaced

Juan Rosell in 2018,

started as a favorite in this electoral process and has prevailed over his rival,

Virginia Guinda

, vice president of the Catalan employers' association

Foment del Treball.

In total,

643 votes have been cast,

of which

534 have been in favor of Garamendi (83%).

Guinda has obtained 87 votes (13.5%), while 14 votes have been blank and there have been 8 invalid votes.

His victory is interpreted as a majority support of the

240 organizations

that make up the employers in the spirit of Garamendi, who in the last four years has led many

agreements with the Government and the unions

in the framework of

social dialogue,

among which the

reform stands out that was

approved

in December of last year.

Once the elections are resolved, social dialogue sources hope that in the remainder of the year

negotiations

with the Ministry of Social Security will be resumed with intensity to complete the second part of the

pension

reform -which will foreseeably include an increase in the bases contribution maximums and a modification of the calculation period for the public pension-, the table with the Ministry of Labor on the

rise of the SMI

and the employer-union bilateral negotiations on the Agreement for Employment and Collective Bargaining (

AENC

), which should make some recommendations on salary increases.

The Ministry of Economy, for its part, could now also take advantage of the opportunity to resume dialogue on a

Income Agreement.

Even so,

the employers' representatives

in the negotiations point out that if

there has been no progress

so far in these matters ,

it has not been due to their electoral process

, but rather, in some aspects, it is the

differences within the Government itself

that have hindered the negotiations .

.

This is the case of the pension reform, in which there are discrepancies between the ministries of Yolanda Díaz and José Luis Escrivá about what is the best proposal to adapt the calculation period to calculate the pension to current working lives, knowledgeable sources point out.

This reform is the one that is most urgent for the Executive, since

it promised to Brussels

to have it approved before

December 31, 2022

in Component 30 of the Recovery Plan and, in case of not meeting that milestone, it will face the possible ' penalty' of receiving a partial payment in the next disbursement of Recovery Mechanism funds.

Other negotiations in sight are the one related to the

Employment Law,

to improve active employment policies, or the

Statute of Scholars.

The CEOE elections were held at the National Music Auditorium in Madrid and all the members of the employer's association were called to the polls, who could deposit a maximum of

789 votes

- there are members who can deposit more than one vote when representing different organizations-

The votes - which have been individual and secret - have been deposited in

two ballot boxes

placed on the stage of the Auditorium chamber room between 10 and half past one.

From that moment on, the

count has been carried out at both polling stations

and, subsequently, the electoral polling station has been in charge of verifying the definitive count.

Pilar González de Frutos

, the president of Unespa -the insurance employers' association-;

José Miguel Ferrero

, from Confemetal, and

Santiago García Nieto,

from Foment, have been the members who have presided over the polling station, as both candidates agreed on Tuesday afternoon.

According to the criteria of The Trust Project

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