The Government says it notes, “with disappointment”, the European Parliament’s objection, today, to the entry into force of the European Commission’s decision to remove certain jurisdictions, including Gibraltar, from the EU’s list of ‘high-risk’ third-countries with strategic deficiencies as regards anti-money laundering and counter-terrorist financing (“AML/CFT”).
The Gibraltar Savings Bank has reviewed the rate of return it offers on its savings in the light of the very low inflation and the interest rates offered on Sterling Deposits in the market.
Existing rates for debentures will continue to be available for resident pensioners aged 60 and over. The interest rates available to them will therefore remain at present levels which are:
Work on the new extension to No 6 Convent Place is nearing completion. The building is buzzing with the movement of office furniture, PC terminals and files whilst tradesmen continue to work on the finishing touches. The new state-of the art extension will add much-needed space and all the technological innovations needed to bring Government’s Central Headquarters into the 21st century.
The Gibraltar Horticultural Society is holding its annual Spring Flower Show at the John Mackintosh Hall on Wednesday 29th & Thursday 30th April. Categories in this year’s show include gardens, courtyards, estates and schools. Grow your own food and cut flowers will also be showcased along with other exhibits.
The Government has today published a Command Paper for a Gibraltar Consultative Council Act. The proposed Act reflects the decision of the Chief Minister, Fabian Picardo, to propose a body for Gibraltar which would be similar to the Privy Council in UK. This proposal was included within the Chief Minister’s Budget Speech in June 2014.