Junta prepares for losses of 1.2 billion euros due to Brexit's effects on Gibraltar

Elías Bendodo, speaking in Seville on Wednesday.
Elías Bendodo, speaking in Seville on Wednesday. / EUROPA PRESS
  • Concerned at the prospects of a no-deal Brexit on the region, the Junta has drawn up a 112-point preparation and contingency plan

The Junta de Andalucía is anticipating the effects of Brexit on the region and has drawn up a plan to minimise the consequences of Britain withdrawing from the European Union. The regional government calculates that Brexit could cause losses of between 500 million and 1.2 billion euros to the Andalusian economy, although the effects will depend on whether a deal is approved between the UK and the EU or whether Britain crashes out in a no-deal scenario.

Elías Bendodo, the Andalusian Minister for Presidency, Public Administration and the Interior, announced on Wednesday that the preparation and contingency programme includes 112 measures to offset the negative consequences of Brexit, especially in the Campo de Gibraltar area around La Línea and the Bay of Algeciras. Over 9,000 Spanish workers are employed in Gibraltar and cross the border every day, and Gibraltar represents 25 per cent of GDP in the Campo region and 2.4 per cent of that of Andalucía; it is Andalucía's largest direct investor.

The measures include assistance for companies that will be affected by Brexit and those from the UK who want to set up in this part of Spain, a four-million-euro support plan, an advice centre in La Línea and a Brexit information centre in Algeciras, online information on healthcare rights for British residents in Andalucía (subject to reciprocity from the UK), among many others.

"Andalucía is prepared for Brexit," said Bendodo, "with this plan which is a global response and result of consensus and dialogue. It's a wide-ranging programme which is going to minimise the effects on our region".