Spain will not be involved in ‘joint actions’ with Argentina regarding sovereignty claims over Gibraltar and Malvinas, said on Friday Spanish Foreign minister Jose Manuel Garcia Margallo, arguing there had been ‘misinterpretations’ in the Argentine version of the bilateral ministerial meeting and which was first denied by the Moncla Palace.
President Mariano Rajoy making the round of financial media in New York this week, said Spain had emerged from recession in the third quarter with estimated economic growth of 0.1% to 0.2% forecast and 0.5% to 1% in 2014.
Addressing the UN General Assembly Spanish President Mariano Rajoy described the Gibraltar situation as a ‘colonial anachronism’ and criticized UK’s dialogue denial attitude on the Rock’s sovereignty. The speech comes at a tense moment in Gibraltar and Spain relations, but according to the Madrid press, Rajoy was less forceful than expected.
Argentina and Spain agreed on Thursday to team up to pressure Britain to discuss their separate claims on British territories: the Falklands in the south Atlantic and Gibraltar near the southern tip of Spain.
Spanish Foreign Minister José Manuel García-Margallo has long been a vocal critic of Gibraltar’s competitive tax framework, denouncing the Rock as “a tax haven” despite its recognised compliance with international standards set by the EU and the OECD, among others.
The European Commission will send a fact-finding mission to the Gibraltar-Spain border on September 25 to assess Spanish customs controls and their impact on freedom of movement. The date for the mission was confirmed on Wednesday following days of wrangling over the scope of its mandate, reports the Gibraltar Chronicle.
The Gibraltar branch of Unite the Union has joined forces with Spanish unions Comisiones Obreras [CC.OO] and Unión General de Trabajadores [UGT] to underscore their collective concern at the deterioration of cross-border relations because of the on-going dispute.
Santander, the Euro zone's biggest bank, has hired Rodrigo Rato, under investigation in connection with allegations of fraud at state-rescued lender Bankia when he was chairman, to its international advisory board.
Spain has quietly lodged an official request with the United Nations to have Portugal’s southern-most territory, the Savage Islands, declared as rocks and not as islands, according to a report from the Gibraltar Chronicle.
Spanish Foreign minister Jose Manuel Garcia-Margallo said that the ‘best solution’ for Spain and Argentina on the dispute over the seizure of a majority stake of YPF from Repsol is “negotiations” and emphasized that Madrid will back Spanish corporations in what it ‘considers convenient’.