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Issue 774
Osborne targets expats BRITISH EXPATS are in Chancellor George Osborne’s sights in controversial plans to stage a £400 million tax raid and strip nonresidents of their personal allowance. 13 PAGE 16
Spain accuses Gibraltar south EDITION
roundtownnews.com
14 - 21 AUGUST 2014
THE SPANISH government accused Gibraltarian authorities on Monday of ‘protecting’ the criminal gangs that smuggle tobacco into Spanish territory. Turn to page 7
The world mourns the loss of two acting greats
This week the world was shocked to learn of the deaths of Lauren Bacall and Robin Williams. Read the full stories on PAGE 2 and PAGE 11
Torrevieja’s big budget
THE GENERAL 2014 Budget for Valencia’s fifth largest city, Torrevieja, has risen to 105,715,829.12 Euros, the largest in its history. by Keith Nicol Torrevieja’s Municipal Spokesman, Deputy Mayor and Councillor of Finance, Joaquín Albaladejo, presented the draft budget for the year 2014, as approved by Local Government, on Friday 8th August. Albaladejo reported that the City Council’s consolidated budget balanced in income and Joaquin Albaladejo expenditure is for the amount of 105,715,829.12 shows off the euros. Besides the General Budget of the City, municipalities he also presented the 2014 draft budget for the draft budget, Municipal Institute of Culture “Joaquin Chanow stored paprieta”, which amounts for their projected on a digital memory stick Income and Expenditure to 1,017,852.50 euros
See page 62
and the draft of the Municipal Habanera and Polyphony that amounting to 886,303 euros both in its Statement of Income and Expenses budget. Some of the most notable changes planned for investment is the acquisition of properties for urban expropriations, for just over 19 million. The City Council have acquired almost 85,000 square meters of public land for greenery for 386,000 euros for different resurfaced in city, more than 187,000 euros to adapt the Multipurpose Community Centre of La Mata and 123,000 to adapt the old Easter Museum for the Municipal Archives, following the line of seeking savings by adapting municipally owned properties. Continued on page 8