The Anonymous Widower

The Spanish Bailout and Gibraltar

Spain makes two sets of headlines today; it has got a massive loan to sort out its banks and it is expected to protest loudly at the Wessexes visit to Gibraltar. Although, we are not directly effected by the Spanish bailout, we could be in future, through the London market or the IMF.

Spain remember has a row going with Argentina over the nationalisation of Repsol’s assets in that country.

And then there’s the Falklands! Where Spain has usually supported Argentina.

There are reasons to believe that relations between Spain and the UK are going to be difficult in the next few months.

June 11, 2012 - Posted by AnonW | Finance, News | Argentina, Banks, Falkland Islands, Spain