Market Overview

Schools shut in Madrid region and Basque capital over coronavirus

imageWorld7 hours ago (Mar 09, 2020 07:37PM ET)

By Nathan Allen and Belen Carreno

MADRID (Reuters) – Kindergartens, schools and universities in the Madrid region will close for two weeks from Wednesday as a precaution against coronavirus, officials said on Monday, as the disease spread further around Spain.

Media including Cadena Ser radio said this would send 1.2 million pupils home, as Spain starts to follow Italy’s lead in taking drastic measures to try to delay the spread of the virus.

Twenty-eight people have died in Spain from coronavirus, with cases jumping on Monday to 1,204, one of the highest numbers in Europe, though still far behind Italy’s tally.

“It wasn’t easy to make this decision but public health must come above everything,” the head of the Madrid region, Isabel Diaz Ayuso, told a news conference.

The shutdown includes nurseries and vocational training centers as well as primary and secondary schools and universities. Ayuso advised the elderly and people with chronic illnesses to stay at home.

“These measures imply a disruption to normal activity in these places, but I appeal for your understanding as they are measures that we consider necessary in these areas,” Health Minister Salvador Illa told another news conference.

Schools and universities in the Basque capital Vitoria will also close for two weeks, sending tens of thousands of pupils home. This will affect 63,000 students, the Basque newspaper El Correo said.

Some parents expressed concerns, not least about finding childcare.

“I don’t know if it will be beneficial or will cause more alarm,” Mikel Arrikstain, 38, said as he collected his child from school in Vitoria.

Prime Minister Pedro Sanchez said the government was preparing what he called a “shock therapy” plan to mitigate the impact of the virus on the economy.

Economy Minister Nadia Calvino said the government was considering temporary measures to support the worst-hit industries, such as tourism, but that it expected the economic impact of the virus to be temporary and limited.

Schools shut in Madrid region and Basque capital over coronavirus

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:

TheProficientInvestor.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top