View full page at energyexch.com

 

Brexit: End to Gibraltar land border prompts joy and trepidation

From bbc.com

The Spanish workers of La Línea de la Concepción are at the ready to celebrate the removal of the Gibraltar border controls. And they have reason to. This small coastal town bordering Gibraltar is one of the poorest in Spain. A third of people here are unemployed and in some neighbourhoods that figure rises to 80%. Drug trafficking from Morocco and armed gangs have become a problem for police.Fifteen thousand residents have jobs in Gibraltar where wages are on average 20% higher. And Gibraltar needs them for the lifeblood of its economy, especially in the nursing, catering and cleaning industries. What will change As part ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis