By John Smith •
Published: 04 Apr 2021 • 12:31
One Madrid company is already on four day week
Credit: Mas Pais Twitter
THE Spanish Government is to invest €50 million in an experiment to test whether there would be advantages in changing to a four-day working week without damaging the economy.
According to US news service Bloomberg, the concept has been promoted by left wing party Mas Pais and some companies are already trialling the concept.
It is anticipated that the Government will invite some 200 companies throughout the country to take part in the three-year experiment starting later this year.
The fact that so many people have been working from home thanks to the pandemic has made it easier to trial the concept.
Whilst Mas Pais is not a powerful voice in Parliament, it is understood that the Government agreed to implement their plan on the understanding that the party would support the recent approved recovery spending plan.
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Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica.
Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene.
Currently he is acting as Editorial Consultant for the paper helping to shape its future development.
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