First days of new regulations in Madrid sees residents and businesses in turmoil

NEARLY five million people from ten Madrid municipalities have been restricted from leaving and entering their municipality since Friday night due to the new regulations of the Ministry of Health.

The new regulations, announced by the President of the Community of Madrid, Isabel Díaz Ayuso, are to be appealed before the courts as they have created a political war and uncertainty for residents.

People’s lives have been thrown back into confusion over these first days of closure, the largest since the beginning of the de-escalation, which have triggered cancellations of reservations, plans and trips.

Now when you walk down the street people are not only afraid of the virus, but also of the new regulations. They are not just affecting people who are within the municipality, but also those who are outside of them, leaving dozens of activities in limbo.

The hospitality industry in the ten restricted areas has also begun to notice the effects of the closure, the reduction in capacity – which is limited to half and six people per table – and the change in hours, having to stop serving customers at 10pm. A measure that, according to the Madrid Business Confederation (CEIM), can produce losses of 600 million euros per week, that is, a 15 per cent drop in GDP in the Community of Madrid.

Owners have assured that the new regulations have caused them to suffer last-minute cancellations in weekend reservations when there are higher sales. Throwing their businesses back into turmoil.

Some businesses, on the other hand,  have not even had the chance to recover since March and the new closure represents “another stone on the road” for the reduction of both national and international tourism.

One business owner pointed out, “At the beginning of the pandemic you can understand the confusion and chaos, but now it should have stopped, we should be prepared.”

We hope you enjoyed this article “First days of new regulations in Madrid sees residents and businesses in turmoil”.




Share this page Share on FacebookShare on TwitterShare on Linkedin

Read our latest publication

'Bahrain-France Investor Guide' -
is YOUR guide to invest in Bahrain and in France. Click here to view the online guide