
Following the second rescue of Greece, Spain is the next candidate to request a major financial aid package according to William Hill one of the largest bookmakers in the United Kingdom.

As the Euro crisis debt crisis expands, Greek Prime Minister George Papandreou appealed to parliament to support a new cabinet appointed to push through painful economic reforms, saying a debt default would be catastrophic for the country and the European Union.

Spain has told the United Nations Committee of 24 (C24) that despite the “impasse afflicting the Brussels process”, Madrid's goodwill allows regional co-operation with Gibraltar and UK to continue under the Tripartite Forum.

The Gibraltar Government called this week on the Opposition to abandon attendance at the Committee of 24 and support Chief Minister Peter Caruana at the United Nations in October.

Spain's dealings with Gibraltar have the overriding objective of recovering sovereignty over the Rock, Spanish Foreign Minister Trinidad Jiménez told parliament in Madrid this week.

Pressed hard by outraged farmers, the European Union farm chief on Wednesday increased his offer of compensation for the E. coli outbreak to Euro210 million.

European Union farm ministers will try on Tuesday to agree financial aid for fruit and vegetable producers whose sales have been hit by an E.coli outbreak that has so far claimed at least 22 lives in Europe and triggered a scare in fresh produce consumption.

Gibraltar Government has taken the argument for Gibraltar and its finance centre to the toughest audience in Spain - the ABC newspaper readers.

Over 100 people were injured on Friday when police forcibly evicted protesters who have been camped out for two weeks in the main square of Barcelona as part of a nationwide mobilization against youth unemployment, austerity, corruption and the country’s political class

Gibraltar’s opposition has signalled unease with the prospect of the conservative PP forming a government in Spain in the near future. In a statement analysing the municipal results the Opposition says that Gibraltarians will feel “extremely nervous” about the prospect of the PP in power.