• Row over £300m deal intensifies

    Row over £300m deal intensifies

    • August 11, 2016

    The row over the Gibraltar Government’s £300m financing deal intensified yesterday after the GSD claimed the transaction pushed Gibraltar’s public debt to an “eye watering” £1.1 billion. The Government had insisted earlier this week that the £300m “institutional investment”, secured against six publicly-owned housing estates, represented an “excellent, zero risk” deal for Gibraltar. It said

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  • Jail for man who filmed beach girls

    Jail for man who filmed beach girls

    • August 11, 2016

    A man who was challenged by angry beachgoers after he was caught filming young girls in Catalan Bay was yesterday jailed for six months. At a sentencing hearing, the Supreme Court heard how the 29-year old man, a resident of La Linea, made numerous video recordings of two 12-year old girls because he wanted a “permanent record

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  • Youngsters glimpse Gibraltar’s WWII underground history

    Youngsters glimpse Gibraltar’s WWII underground history

    • August 11, 2016

    Local children travelled back in time to the 1940s during a two-hour ‘Walk Through History’ in the Rock’s World War II tunnels yesterday. The children and their parents learnt about the engineering feat it took to construct around 30km of tunnels in three years. The tour was organised by the Gibraltar Museum in conjunction with

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  • Enterprise collapse prompts questions in EU parliament

    Enterprise collapse prompts questions in EU parliament

    • August 10, 2016

    The collapse of a Gibraltar-based insurance firm has sparked a series of questions in the European Parliament. Enterprise Insurance went into liquidation last month, leaving thousands of policy holders across Europe in limbo, Irish MEP Mairead McGuinness said, adding that 14,000 Irish consumers have been affected by the liquidation. “Although the insurance contracts remain in

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  • Juvenile remanded over alleged assault on ‘snitch’

    Juvenile remanded over alleged assault on ‘snitch’

    • August 10, 2016

    A local juvenile charged with possession of an offensive weapon and assault occasioning actual bodily harm was remanded in custody yesterday. The teenager pleaded not guilty to both charges arising from an alleged incident last May. The Magistrates’ Court heard how the offensive weapon was a scaffolding pole used in an assault. Prosecutor Carl Ramagge

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  • Estates’ finance deal poses ‘no risk to tenants’ – Govt

    Estates’ finance deal poses ‘no risk to tenants’ – Govt

    • August 10, 2016

    The Gibraltar Government yesterday described as “excellent” the £300 million “investment” it has secured on the strength of six of Gibraltar’s housing estates, as it again hit back at GSD criticisms of the deal. As the row over the deal continued, the Government said the financing is a transaction that it is extremely proud of.

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