Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Madrid taxi drivers demand fleet limits amid weak demand

Published 06/30/2020, 07:22 AM
Updated 06/30/2020, 07:31 AM
© Reuters. The coronavirus disease (COVID-19) outbreak in Madrid

MADRID (Reuters) - Thousands of taxi drivers took to the streets of Madrid on Tuesday, honking their horns and clogging up the roads around city hall to demand a limit on the number of vehicles allowed to operate amid a post-lockdown slump in demand.

During Spain's strict coronavirus confinement only half of the capital's 16,000-strong fleet was in circulation on any given day. But since the state of emergency ended on June 21 they have returned en masse, while demand remains weak.

"As the work has dropped off so much, we are demanding that they stop letting all the taxis out on the same day," said taxi driver Jose Antonio Carnero, resting in the shade of Madrid's tree-lined Recoletos boulevard. "Let half of us out one day, and the other half on the next day."

Madrid's Federation of Professional Taxi Drivers, which called the protest, said the sudden return to full activity was creating air pollution and unnecessarily exposing its members to the coronavirus.

"The taxi ranks are all full and if you stop on the street around the official stops the police fine you," taxi driver Pedro Bustamante told Reuters. "So you have to drive round and round the city wasting fuel and polluting."

With more than 28,000 deaths and nearly 250,000 confirmed cases of the coronavirus, Spain is one of Europe's worst hit countries. It has brought the virus' spread largely under control but the economic consequences are set to last far longer.

© Reuters. The coronavirus disease (COVID-19) outbreak in Madrid

In recent weeks groups ranging from health professionals and hospital cleaners to fairground workers and coach drivers have protested to demand better working conditions.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.