Many of the mostly British residents of Gibraltar, which has been under British rule since 1713, are uneasy about Spain's plans to jointly govern the peninsula now that Britain has voted to leave Europe. Mana Rabiee reports.
Gibraltar -- ... a small peninsula off the southern coast of Spain, thriving with financial services, tourism and Internet gambling. It's been ruled as a British Overseas Territory since 1713. Suddenly, many of its 30,000 residents -- most of them are British citizens -- are wondering about their future, after Britain's shock vote to exit Europe. (SOUNDBITE) (English) NIGEL SMITH, OWNER OF THE WEMBLEY BAR: "I think it's really bad for Gibraltar. The consequences will become apparent over the months and there will be things that happen that we never even thought would happen." Madrid has long claimed sovereignty over this enclave, a notion the U.K. dismisses outright. But now, Spain says Thursday's vote completely changes the outlook on the future of the peninsula. It's seeking to jointly govern Gibraltar - an idea rejected by some 99 percent of Gibraltarians in a referendum in 2002. (SOUNDBITE) (English) DANNY GABAY, BUSINESS OWNER: "I think our biggest problem now will be how Spain focuses this issue to their advantage because basically we've already had the Spanish foreign minister coming out on TV saying that the only option now for Gibraltar is joint sovereignty - something I do not agree with." The mood here is subdued. Locals are apprehensive and confused about how the vote will affect the movement of labor and capital over the border with Spain -- in this, one of the most prosperous regions in Europe.