×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: APFN | EU | Brexit | Gibraltar

Gibraltar Holds Election amid Uncertainty of Brexit Outcome

Thursday, 17 October 2019 06:40 AM EDT

GIBRALTAR (AP) — An election for Gibraltar's 17-seat parliament took place Thursday under a cloud of uncertainty about what Brexit will bring for the speck of British territory on Spain's southern tip.

The Rock's about 34,000 residents didn't want to leave the European Union — in the 2016 referendum, 96% voted to stay — and they are bracing to be hit hard if it comes to pass.

A possible Brexit agreement at an EU summit in Brussels on Thursday would still require ratification by EU member nations.

The potential repercussions of the United Kingdom's departure from the EU and its market of around 500 million people are still unclear.

For Gibraltar, border checks and market access are key issues in relations with the bloc.

Philip Valverde, a 62-year-old businessman, said after casting his ballot that "because of the Brexit situation I suppose everybody is a bit worried."

"We depend on that frontier (with Spain) being open," he said.

Gibraltar relies heavily on more than 15,000 workers — most of them European, making up half of Gibraltar's workforce — who every day cross the border from Spain, which is in the EU.

Throughout the Brexit talks, Spain has insisted it wants a say on the future of Gibraltar. The Rock was ceded to Britain in 1713 but Spain still claims sovereignty over it.

The territory still remembers how in 1969 Spanish dictator Gen. Francisco Franco slammed shut the border in an attempt to wreck Gibraltar's economy.

The international operations of Gibraltar-based online gambling companies, meanwhile, need access to the EU market. They account for some 25 percent of Gibraltar's economy, some 40 percent of its corporate tax revenue and about 3,000 jobs.

The Gibraltar Socialist Labour Party, in an alliance with the Gibraltar Liberal Party, is seeking a third consecutive term in government in Thursday's ballot.

Fabian Picardo, the incumbent Chief Minister who heads the government, said in his election manifesto that negotiating within the wider EU-U.K. Brexit talks was the "hardest thing I have ever done."

"It has literally been my 'Hell on Earth' in politics," he wrote.

His party is proposing a major infrastructure plan, including land reclamation and the construction of affordable housing projects, to help keep the economy ticking over post-Brexit.

The Gibraltar Social Democrats, the main opposition, are offering tax cuts, a focus on tourism and the building of an industrial park, while reducing debt.

The recently formed Together Gibraltar promises to crack down on corruption and introduce a fairer tax system.

Election results are expected early Friday.

Hatton reported from Lisbon, Portugal.

© Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
An election for Gibraltar's 17-seat parliament took place Thursday under a cloud of uncertainty about what Brexit will bring for the speck of British territory on Spain's southern tip.The Rock's about 34,000 residents didn't want to leave the European Union - in the 2016...
APFN,EU,Brexit,Gibraltar
422
2019-40-17
Thursday, 17 October 2019 06:40 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved