Europe

Gibraltar: the rock to derail Brexit?

The Brexit negotiations have been far from plain sailing but, with an agreement with the EU very close, most of the sticking points seem to have been resolved (at least to the satisfaction of the negotiating teams). Now though, a new rock in the road threatens to throw Brexit off course. Spain, unhappy with the lack of a provision guaranteeing its involvement in any post-Brexit agreements between the UK and EU affecting Gibraltar, has said it will vote against the agreement should this not be included in the final draft. Although an absolute majority is not strictly required, the EU is keen to come through the process avoiding any damage to the unity of the remaining 27 member states.


Gibraltar is a British overseas territory, accounting for just 6.8 square kilometres and home to 33 thousand people. Located on Spain's south coast, and belonging to Britain since 1713, the peninsula is, despite its small size, of great strategic value to the UK. Speaking at the signing ceremony for the Armed Forces (Gibraltar) Act early this month, Armed Forces Minister Mark Lancaster said: "Gibraltar is of vital importance to the UK Armed Forces and our allies. Whilst our relationship with the EU is changing, our commitment to European prosperity and security remains steadfast and our duty to support Gibraltar, its people and its economy is resolute."

Description

This chart presents key figures related to the British overseas territory of Gibraltar.

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Leading ten areas that voted to remain in Britain's referendum on European Union membership in 2016, by proportion of remain voters
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Gross domestic product (GDP) per capita in Gibraltar (UK) from 2006/2007 to 2015/2016 (in GBP)
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Forecast of the variation of the real gross domestic product (GDP) per capita of different European countries in 2030 as a result of the departure of the United Kingdom from the European Union, by scenario
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Forecasted change in GDP for selected European countries in 2030 as a result of the UK leaving the EU, by scenario*
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Opinions of Spaniards on the withdrawal of the United Kingdom from the European Union in 2019
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Concerns regarding the affect Brexit will have on holiday travel from the United Kingdom (UK) in 2017, by leave and remain voters

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