It seems Spain launched a distraction for its' citizenry and UK quickly responded by doing the same. The economy is irrelevant, as argument over territorial borders pushed to distract the plebs.
Spain stands by Gibraltar controls despite UK legal move - Telegraph
It will get more fun if they ever go into a reciprocity tailspin and start going over individualizing the tariff situation in response to each other goods. Ergo trade barrier controls within EU zone undermining the prior realities. Granted this would be very low likelihood but the gamble (since it takes time to go through EU courts)on trade disputes would be seen as nationally supportive.
Since Spain is more export dependent it would be hurt more it seems in a tit-tat export shock, especially if UK pulls a tourist advisory or an outright control of their tourist dollars to Spain. This would sink the Economic battleship in my view and we get into the "event" that pushes Spain towards salvation via the banking system collapse.
By Fiona Govan, Madrid
9:12PM BST 12 Aug 2013
A spokesman for David Cameron said on Monday that the border checks imposed in retaliation over Gibraltar’s creation of an artificial reef in its waters, were “politically motivated and totally disproportionate”.
The diplomatic row deepened as British warships set sail for the Mediterranean for a “routine” naval exercise that will see them dock in Gibraltar within the week.
The Spanish government told Britain on Monday that it planned to keep the border controls in place.
“We insist that they are legal, proportionate and we are obliged to carry them out under the Schengen agreement,” a Spanish foreign ministry spokesman said. Madrid was responding to the announcement that Downing Street had asked Foreign Office lawyers to look into possible legal action against Spain over the matter.
Its odd that Spain also has Ceuta&Melila in North Africa as enclaves.
Spain stands by Gibraltar controls despite UK legal move - Telegraph
It will get more fun if they ever go into a reciprocity tailspin and start going over individualizing the tariff situation in response to each other goods. Ergo trade barrier controls within EU zone undermining the prior realities. Granted this would be very low likelihood but the gamble (since it takes time to go through EU courts)on trade disputes would be seen as nationally supportive.
Since Spain is more export dependent it would be hurt more it seems in a tit-tat export shock, especially if UK pulls a tourist advisory or an outright control of their tourist dollars to Spain. This would sink the Economic battleship in my view and we get into the "event" that pushes Spain towards salvation via the banking system collapse.
By Fiona Govan, Madrid
9:12PM BST 12 Aug 2013
A spokesman for David Cameron said on Monday that the border checks imposed in retaliation over Gibraltar’s creation of an artificial reef in its waters, were “politically motivated and totally disproportionate”.
The diplomatic row deepened as British warships set sail for the Mediterranean for a “routine” naval exercise that will see them dock in Gibraltar within the week.
The Spanish government told Britain on Monday that it planned to keep the border controls in place.
“We insist that they are legal, proportionate and we are obliged to carry them out under the Schengen agreement,” a Spanish foreign ministry spokesman said. Madrid was responding to the announcement that Downing Street had asked Foreign Office lawyers to look into possible legal action against Spain over the matter.
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