Strike organizers denounce payment as a ‘band-aid’ while more unions join
© Getty Images / Burak Akbulut
Striking truckers have rejected Madrid’s offer of a hefty subsidy to offset rising diesel prices, which the government had hoped would shut down a work stoppage that has snarled traffic across the country.
Transport Minister Raquel Sanchez pledged to introduce a $551.35 million (€500 million) subsidy in direct aid to the industry on Tuesday after meeting with the National Road Transport Committee.
However, while Sanchez pointed out the measure was similar to moves taken by France, Portugal, and Italy to shore up their own industries in the face of skyrocketing fuel prices, there will be no reduction in the value-added tax (VAT) on fuel, and strike organizers the Platform for the Defense of Transport did not attend the meeting, calling the government’s announcement “insufficient.”