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Banking Activity Discontinuities should be Avoided
“We do not believe this is the right time for introducing discontinuities in banking activity during this delicate period and we have to tread carefully”. This was stated by the Minister for Finance, Professor Edward Scicluna in response to the Commission’s proposal and the Liikanen report regarding the possible reforms to the structure of the…
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Interview with Maltese Minister for Finance Prof Edward Scicluna
How important is the financial services sector to the Maltese economy? The financial services sector has witnessed significant growth over the years, and today stands as one of Malta’s key economic pillar, with a GDP contribution of 12 per cent and employing over 10,000 mostly in well-paid, high quality jobs. Clearly Malta’s economic vision is…
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MCESD-MEUSAC meeting on National Reform Programe
Finance Minister Prof. Edward Scicluna delivered an address to a joint meeting of the Malta Council for Economic and Social Development (MCESD) and the Malta-EU Action Steering Committee (MEUSAC) on Friday 28th March 2014, where he discussed the upcoming National Reform Programme (NRP). Prof. Scicluna explained that the NRP represents the beginning of the European…
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Childcare to Start Next Week following Signing with Service Providers
The Government has signed the formal agreement with service providers for the provision of free childcare services for working parents. The signing was presided by Education and Employment Minister Evarist Bartolo, and Finance Minister Prof. Edward Scicluna. The free childcare service agreement is expected to result in an increase in usage of childcare services by…
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Prof. Edward Scicluna on Sibt il-Punt – ONE Radio – 15.03.2014
Hosted by Manuel Micallef. – Saturday, 15st March, 2014
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“Malta Committed To Tax Transparency”
“Malta is committed towards tax transparency, and has tirelessly and consistently undertaken efforts in that regard, because we fully believe in the importance of this process,” Finance Minister Prof. Edward Scicluna said. Prof. Scicluna was delivering the opening address of the 15th meeting of the OECD’s Global Forum Peer Review Group, which was held in…
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Kuntatt – ONE Radio – 27.03.2014
Ipprezentat minn Sean Meli – ONE Radio : Thursday, 27th March, 2014
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The factors behind the New Government’s Successes – Videoblog 38
Finance Minister Prof. Edward Scicluna explains the reasons for the economic growth rate of 2.4% which Malta achieved for 2013, a rate which exceeded that of the previous year by double and outperformed the expectations of various international institutions. Prof. Scicluna explains that the economic success achieved in this regard is down to various…
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Minister for Finance inaugurates new refurbished and rebranded local company premises
Minister for Finance Prof. Edward Scicluna was the guest of honour during the launch of a new showroom of local company Rustica Ltd, following refurbishment and rebranding that represents an investment of half a million Euros. Over the past year and a half, the company has invested over half a million Euros in refurbishing and…
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Commission: Macroeconomic risks in Malta contained – Videoblog 37
Finance Minister Prof. Edward Scicluna discusses the recently-published Commission In-Depth Review Report, which delivered a positive assessment of the state of the Maltese economy and public finances. Prof. Scicluna explains that in the same way medical tests assess a patient’s health in an attempt to identify and diagnose illnesses; such reports assess an economy’s…