Category: Issues

  • Gozo an ecological island? You must be joking

    Gozo an ecological island? You must be joking

    It is all so easy to come up with a catchphrase for an election and declare that your aim is to turn Gozo into an ecological island. The Malta Independent on Sunday, 8th June 2008, by Noel Grima -It is all so easy to come up with a catchphrase for an election and declare that…

  • Andorra Congress on Women of the Small States of Europe

    Andorra Congress on Women of the Small States of Europe

    Professor Edward Scicluna, chairing the forum, urged political parties to follow the pattern that the Malta Council for Economic & Social Development (MCESD) together with Civil Society representatives has adopted – that debates of national importance be concrete and productive. NCW President Grace Attard and General Secretary Doris Bingley were invited to participate in the…

  • Journeying to Maastricht

    Journeying to Maastricht

    The Maltese Government has a plan for economic recovery. But not all is ship-shape according to economics professor Edward Scicluna. The Maltese government has only just recently published a financial and economic report that was delivered to the EU’s Economic and Financial Ministers Council. Forewarned of the bloated budgetary deficit and its high rate of…

  • Competitiveness – Business Today

    Competitiveness – Business Today

    The KPMG report is simply an exercise carried out to recover all the costs …..past, present and future incurred by Enemalta and the WSC to make sure that our two main public monopolists would not feel ever the need to seek Government assistance. is, if other countries, especially the EU would be affected The whole…

  • Economists react to possibility of ST shut-down

    Economists react to possibility of ST shut-down

    A panel of economists interviewed by Business Today agreed to some degree that if the Maltese operation of STMicroelectronics had to close down, there would significant impacts on the Maltese economy. Veteran economist Karm Farrugia was the most vivid, describing the possible closure of ST in Malta as “worse than the Shipyards saga”, and insisted…

  • SMEs report drop in sales

    SMEs report drop in sales

    Small businesses are reporting a slump in the second half of the year over the previous six months and predict a poorer 2009. Seven in 10 small enterprises fared worse in the second half of this year than in the same period last year and are predicting a poorer 2009, according to a survey carried…

  • Enemalta risks facing ‘enormous cash flow problems’

    Enemalta risks facing ‘enormous cash flow problems’

    According to a study by economist Edward Scicluna, who was commissioned by the 11 unions, a substantial number of people, including one- and two-person households, most of whom are pensioners, would be excluded from the eco reduction. Times of Malta – Saturday, 10th January 2009 Unions urge consumers not to pay utility bills Union leaders…

  • Budget dispute halts economic reform debate in MCED

    Budget dispute halts economic reform debate in MCED

    The present budget dispute between the government and the General Workers’ Union is stalling the debate on economic reform within the Malta Council for Economic Development (MCED), the council’s chairman Prof. Edward Scicluna told The Malta Business Weekly. 17-23 Feb 2008 by Franco Aloisio The present budget dispute between the government and the General Workers’…

  • Malta Is Setting Its Sights High and Offshore

    Malta Is Setting Its Sights High and Offshore

    According to Edward Scicluna, chairman of the Malta Financial Services Center, adaptation has started and the center’s laws and regulations are already based on EU law. SATURDAY, APRIL 24, 1999 By Stephanie Apap Bologna MALTA HAS big plans for its fledgling financial center and it is not setting itself any low standards. By 2010, the…

  • Could interest rates in the Euro area go any lower?

    Could interest rates in the Euro area go any lower?

    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…