The GSD says that the Government has admitted that the £300 million is additional borrowing structured through Government owned companies. The party says that this now takes Gibraltar’s debt, inclusive of the borrowings by Government owned companies, to “in excess of an eye watering £1.1 billion.”
A 29-year-old British national, who surreptitiously filmed two 12-year-old girls on his mobile phone in Catalan Bay, was today sentenced to six months in prison at the Supreme Court.
A 24-year-old woman who was found guilty of wounding her former lover was given a 10-month sentence suspended for 18 months at the Supreme Court today.
The final squad and travelling party have been named by the Gibraltar Cricket Board for the ICC World Cricket League – Europe (Division 2) Tournament which will take place from 17 to 20 August in Stockholm, Sweden. The Gibraltar National Squad will play against Sweden, Germany, Isle of Man, Israel and Spain.
Number Six has said that the GSD Opposition “have again jumped to all the wrong conclusions regarding the excellent £300 million institutional investment deal that this Government has secured”. The Government argues that this financing is a transaction that it is “enormously proud of” adding that it poses “no risk to Gibraltar Government tenants” and is “one of the best financing deals that Gibraltar has ever made.”