By Euro Weekly News Media • 27 June 2016 • 17:10
Chief Minister and Mrs Picardo on Referendum Day.
ACCORDING to BBC News, Fabian Picardo has been in communication with Scotland’s First Minister Nicola Sturgeon about some form of joint action in order for the two pro-Remain voting groups possibly also siding with Northern Ireland in order to stay within the European Union.
As Gibraltarians dust off their tartan and get ready to be more Scottish than the Scottish, it is apparent that the Chief Minister will follow all legitimate means to ensure that Gibraltar does not find itself overlooked as parts of the United Kingdom look to exit the Union.
“I can imagine a situation where some parts of what is today the member state United Kingdom are stripped out and others remain,” Mr Picardo told Newsnight.
“That means that we don’t have to apply again for access, we simply remain with the access we have today, and those parts that leave are then given a different sort of access, which is negotiated but not necessarily under Article 50,” he said, referring to a provision in the Lisbon Treaty that sets out how a member state can voluntarily leave the Union.
With it now appearing likely that the PP with Ciudadanos and possibly Canary Islands members of the Cortes will be forming a coalition government, Gibraltar obviously recognises that the future could be tricky for the Territory when and if the United Kingdom (or just an English and Welsh rump) leaves the EU.
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Monday 27 June. Pound ends at 31 year low (that’s its value away back in 1985!) UK AAA rating downgraded to AA and government credit rating from positive to negative. RBS down 15% other banks down 18%. Major EU politicians declare they will “come down hard” on Britain. Tory and Labour parties rudderless with a resigned and lame duck Prime Minister and a Tory campaign to “stop Boris” underway. An equally lame duck Labour leader who is unelectable as a PM faces 40 (yes 40!) Labour MPs calling for his resignation and two thirds of his shadow cabinet resigns while he hangs on by his fingernails. An early general election is proposed before the end of the year. Scotland’s first minister is in talks with Gibralter and Northern Ireland leaders over the “possibility of a veto” on Brexit because all three countries voted to Remain while only England and Wales voted to Leave. Arrests over multiple hate crimes against Polish, Asian and Muslim residents in England. All because of Brexit.
Crisis? What crisis.
Newsflash after previous post.Boris Johnson issues statement from his ivory tower in La La Land, “It is clear now that Project Fear is over, there is not going to be an emergency budget, people’s pensions are safe, the pound is stable, the markets are stable, I think that’s all very good.”
Eh? What planet is he on? Or what weed is he on perhaps?
Nicola Sturgeon responds by tweeting: “Indeed, Boris. Project Farce has now begun – and you are largely responsible”.
Welcome to the new political landscape of the Disunited Kingdom – politicians inhabiting La La Land and the Twittersphere while the rest of us have to make a living in the real world.
Couldn’t make it up. Except it really happened.
Tuesday 28 June. Nick Robinson asks George Osborne on the Today Programme on Radio 4 when his Emergency Budget will take place. Osborne denies he ever said there would be one immediately after a Brexit vote but concedes there will be one “within a few months.”“Does that mean tax rises and spending cuts?” asks Nick.“Yes, absolutely,” replies Osborne.
In addition to those tax rises, prepare also for interest rate rises which will hit millions of families on already stretched incomes still dealing with negative equity. The most severely stretched will default on their mortgages. Sound familiar? Echoes of 2008 when mortgage and other debt defaults caused the biggest financial meltdown since the 1930s and the subsequent big bank bailouts that we are all still paying for. These new increases will be on top of that.
All because of Brexit.
THEY ALL live in cloud cuckoo landHere in spain- I tried to get money out 13th- NO GO and anyone who tried debit or credit card it was the same- 14th tried again- got the money I wanted to pay a bill – on 21st I went gain wanted the same amount outNO the rate had gone down so much I only could get 100euro less.kay
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