Bank borrowing

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THE Bank of Spain has revealed that Spanish banks borrowed more than €196 billion from the European Central Bank in June which is an 11.6 per cent increase over May and is the highest level of borrowing since November 2013.

Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica.

Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene.

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