UK has dismissed a comment by Spain’s Foreign Minister suggesting that Britain and Spain were poised to reach a bilateral solution to the fishing dispute. Jose Manuel Garcia-Margallo said Spain was open to dialogue and that he and his British counterpart, William Hague, “talk a lot” about many issues, including Gibraltar
Spain and Portugal sought help from their former Latin American colonies to rescue them from economic crisis through a new wave of trade and investment across the Atlantic Ocean.
There was a marked escalation in the dispute over Gibraltar’s territorial waters as Britain and Spain both hardened their diplomatic stance in the wake of recent incursions.
Spanish President Mariano Rajoy stated that he “would have liked” his Argentine counterpart, President Cristina Fernández to have attended the XXIIth Ibero-American summit, starting Friday in Cádiz.
The XXII Ibero-American summit which takes off Friday in the city of Cadiz will be focused on the Euro zone crisis and the need to boost investments in Latin America of which Spain can become the “vertebrate axis” said Spanish Foreign minister Jose García Margallo.
The Foreign Office summoned the Spanish ambassador in London and condemned Madrid’s ‘provocative incursions’ in Gibraltar waters saying that it “is in the interests of Spain, as well as Gibraltar and Britain, to avoid any incident that may damage the prospects of developing a harmonious and collaborative relationship between Gibraltar and Spain”.
Millions took to the streets across Europe in a co-ordinated day of protest against austerity measures. The European Trade Union Organisation says austerity is a total dead end and called for industrial action across 23 countries.
The Gibraltar Government said Britain must find a different way to end the “totally unacceptable” actions by Spanish state vessels, the latest of which on Tuesday with the incursion of the corvette “Vencedora” flying an oversized Spanish ensign, which represents “a frontal challenge and an affront to British sovereignty”.
Spanish banks are suspending evictions for the next two years for the most vulnerable people. An estimated 350,000 families have been evicted from their homes since Spain's property market crashed in 2008.
Loss-making Iberia on Friday announced plans to axe 4.500 jobs to save Spain's biggest airline from collapse and warned more cuts could follow against the backdrop of economic crisis in the Euro zone country.