On 17 April 1997, the Spanish Parliament endorsed the new convergence
programme released by the Government, the /1997-2000 Stability Plan/.
Employers and unions have expressed certain doubts about this programme: the
employers' associations consider that it is feasible, but do not rule out the
possibility that a severer adjustment will be necessary than expected; the
trade unions suspect that the programme may involve cuts in social
expenditure and have expressed their disagreement with the privatisation plan
that accompanies it.
At the end of 1996, the major trade unions and employers' associations signed
the Second National Agreement on Continuing Training (II Acuerdo Nacional de
Formación Continua), which was later endorsed by a tripartite agreement
between these organisations and the Government. The new agreements build on
certain basic aspects of the continuing training system in Spain that was
started in 1993, though they also introduce some important innovations.