Carlos Torres, president of BBVA, earned EUR 4.09 million in 2020 – EUR 2.45 million with fixed salary and EUR 1.64 million for retirement provision. For its part, CEO Onur Genc earned EUR 3.43 million, with a salary of EUR 2.18 million and a supplement of EUR 1.25 million for fixed remuneration and mobility.
Their income could have been much higher, as these salaries are 44% lower than in 2019, as "at the time of the pandemic, the bank's leadership voluntarily waived its variable remuneration, on the basis of a recommendation from the European Central Bank". These are official data that has been released in recent days. Similar wages are levied on most of the domes of companies listed on the Ibex 35 (e.g. Repsol CEO Josu Jon Imaz received EUR 3.36 million last year) and on CAC 40 of the French State.
By exerting pressure on the representatives of employers' associations and related organisations, these employers unashamedly condition the economic, social and wage policies of governments. In the Spanish State, for example, increases in the Interprofessional Minimum Wage (SMI) and pensions have been monitored, monitored and suspended.
Millions of people have to survive each month with the SMI of EUR 950 or with pensions of less than EUR 1,000 because of them. Many others are unemployed or marginalised and live below the poverty line. A system such as the current – capitalist – system that generates so much wealth for a few and so much injustice and inequality for the majority of society is unfair, unsupportive and unacceptable.
People, groups, associations, political parties, unions -- we all have the opportunity to build an alternative system. The opportunity for another fairer system to prevent millionaire salaries from becoming millionaires of the wealth generated by a minority through the work of a social majority.
Hastings (England), 1066. The army of the Duke of Normandy I of Gil conquered the troops of King Harold II and conquered the throne. Gil's conqueror I was king until 1087.
In this reign after the Norman conquest, the rebellion organized uprising, effective administration and the... [+]
Rent 338 euros or buy 119,000 euros. This is what a woman between 18 and 44 years old can afford on average to live on her own in the CAPV. In any case, since the housing reserve will not exceed 30 per cent of the income. They are data from the Basque Government, and, as they... [+]
I have been talking to a colleague of all the aids to reduce the ‘digital divide’: from the private sector, from Europe, from the state, from the government… Among the quotation marks I place the digital divide, as many problems that existed before its implementation are... [+]
Ostegun honetarako manifestazio handia espero da Liman Dina Boluarte kargutik kendu, parlamentua desegin eta Perurentzako beste konstituzio bat eskatzeko. Herritar asko autobusez eta kamioiez karabanetan antolatuta iritsi da hegoaldeko eskualdeetatik herrialdeko hiribururaino.