Already in difficulty under Spain’s Socialists, PSOE, the Trilateral forum (Spain, UK and Gibraltar) is unlikely to flourish under a Conservative PP government. That is the view expressed by Luis Ayllon, diplomatic correspondent of the right-leaning ABC Spanish national and a veteran reporter of Gibraltar affairs.
Spanish Prime Minister Jose Luis Rodriguez Zapatero dissolved parliament on Monday, but pledged more measures to tackle Spain's economic crisis before a November election that is expected to hand power to the conservative opposition.
Foreign Minister Trinidad Jimenez emphasized this week the growing relevance of Spain in Latin America, where Spanish firms have made 130 billion Euros worth of investments.
Any discussions that UK has on Gibraltar with Spain “reflect our clear position on sovereignty, which is that the UK will never enter into arrangements under which the people of Gibraltar would pass under the sovereignty of another state against their wishes” Europe Minister David Lidington has said.
Italy and Spain have passed new austerity measures as they battle to control their debts. Italy's upper house of parliament approved an austerity package which should cut its deficit by some 54 billion Euros over three years.
Spain’s conservative opposition People’s Party (PP) has extended its lead over the ruling Socialists and is on course to win a parliamentary majority in the November 20 elections, according to an opinion poll on Sunday.
Spain’s Foreign Minister Trinidad Jimenz has confirmed that there will be no further tripartite talks regarding Gibraltar whilst the dispute on issues related to sovereignty of Gibraltar territorial waters continues.
The European Central Bank has said it will buy Euro zone bonds, following emergency talks on the debt crisis. ECB did not say which bonds it would buy but analysts expect them to be from Italy and Spain.
Financial market pressure on Italy intensified on Tuesday, sucking Europe's second biggest debtor nation deeper into the Euro area danger zone and prompting emergency consultations in Rome and among European capitals.
Spanish Prime Minister Jose Luis Rodriguez Zapatero announced Friday an early general election in November, four months early than scheduled, looking to capitalize on a slight upturn in opinion poll ratings.