Last Thursday, the European Central Bank (ECB) cut interest by 0.25 per cent to 1.25 per cent, falling short of analysts’ expectations of another 0.5 per cent rate cut. Business Today spoke to economic analyst – Labour candidate for EP elections and economist Edward Scicluna, about the ECB’s latest decision, the issue of non-standard measures…

A panel of economists interviewed by Business Today had differing opinions about the European Central Bank (ECB)’s decision not to cut interest rates further and keep the base rate at 2 per cent for February. In announcing the ECB council decision on 5 February 2009, ECB President Jean-Claude Trichet explained that as anticipated in its…

But are we sure we are not the piglet on Noah’s Ark? Are not our symptoms very much akin to the “PIGS” family? Are not our exports and tourist services uncompetitive? Times of Malta – Wednesday 25th February 2009 In spite of the great foreboding 10 years ago, that the eurozone is not exactly the…

A panel of economists asked by Business Today about tomorrow’s European Central Bank (ECB) interest rate decision were in consensus that there was still the need for another rate cut after last month’s decision to slash ECB interest rate decision tomorrow Maltese economists concur on a further reduction to combat recession When asked by this…

Although the rise in Malta’s inflation rate to 3.6 per cent as established by Eurostat for July has brought about a chorus of anxious signals from the economic field, a leading economist has gone even further and expressed his concern at the current deficit and debt levels which he says are unsustainable. Speaking to The…