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Annuities for a decent life in old age – Videoblog 77
During his weekly video blog, the Minister for Finance Prof. Edward Scicluna discusses various savings and investment options which many are often not aware of, and which many can benefit from so to improve their quality of life in their later years. He notes that to facilitate and encourage the habit of putting something…
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Grexit 2 – Videoblog 76
The Minister for Finance Prof. Edward Scicluna discusses the reemergence of the ‘Grexit’ debate, which revolves around the question whether Greece is set to exit the Euro Zone in the wake of its recent economic troubles and ailing competitiveness. Noting that this is the second time that a Grexit is being discussed, Minister Scicluna explains…
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Looking back to 2014 – Videoblog 74
The Minister for Finance Prof. Edward Scicluna looks back over 2014 and discusses a few of the most important developments that unfolded during the year. He notes that throughout the European Union, economic growth remained very modest, noting that previously large and well-performing economies such as Germany began experiencing a gradually-diminishing drop in economic growth…
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More about Credit Rating Agencies – Videoblog 73
During his weekly video blog, the Minister for Finance Prof. Edward Scicluna explores the nature and function of the oft-mentioned Credit Rating Agencies, such as Standard & Poor’s, Fitch IBCA, Moody’s and others such as DBRS. Prof. Scicluna explains that the function of these agencies, despite how they are invariably mentioned within the…
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What is contributing to Malta’s economic growth? – Videoblog 72
The Minister for Finance Prof. Edward Scicluna discusses the recently published NSO figures on economic growth, which confirm Malta’s place as the leading economy on growth in the Eurogroup. The figures show that during the third quarter of 2014 real GDP increased by 3.8% from 3.4% registered in the previous quarter, while for the…
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Eurogroup evaluates member states’ Draft Budgets – Videoblog 71
The Minister for Finance Prof. Edward Scicluna discusses the process by which the European Commission evaluates the draft budgets submitted on 15 October 2015 by the 18 member countries which constitute the Eurozone. Minister Scicluna explains that on the basis of this evaluation, countries can be request to enact additional measures to strengthen their…
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Evaluating some budget measures – Videoblog 70
A few days following the Budget 2015 speech in Parliament, the Minister for Finance Prof. Edward Scicluna discusses those measures which received the most interest from the public. He notes that in the days following the Budget speech, he had occasion to visit the Budget 2015 freephone centre, which is tasked with receiving the…
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Budget 2015: Rewarding Diligence – Videoblog 69
The Minister for Finance Prof. Edward Scicluna discusses the Budget 2015, which was presented in Parliament only days earlier, and which was met with widespread approval by the social partners. He explains that among the Budget’s main priorities is, first and foremost, to address the country’s debt, which the new Government inherited from previous…
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Baġit 2015 – Watch Live
-Monday, 17th November, 2014
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Encouraging Young People to Save – Videoblog 68
In his weekly video blog, the Minister for Finance discusses the recently launched private pensions schemes, through which the Government is encouraging people and families to save for a more comfortable future. Prof. Scicluna says that he was pleased to be able to launch the initiative, in view of how for many years the pension…