12 Jan, 2015 @ 08:00
1 min read

UK exit from EU would create ‘existential issue’ for Gibraltar

fabian picardo gibraltar
ROCK: Gibraltar's chief minister Fabian Picardo

GIBRALTARโ€™S Chief Minister has warned that if the UK exits the EU it could create an โ€˜existential issueโ€™ with political and economic consequences.

Fabian Picardo said the Rockโ€™s EU membership has boosted its ability to stand up to Spain, particularly to its attitude towards freedom of movement and border controls.

โ€œOf course Gibraltar would always be able to survive but I donโ€™t think Gibraltar would be able to thrive economically should we be outside the EU,โ€ said the Chief Minister.

Picardo denounced the issues surrounding a UK exit on BBC Radio 4โ€™s Today programme and deplored the problems Gibraltar would have to face should it be unable to profit from rulings by the European Commission.

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