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The Welfare State – Videoblog 47
Finance Minister Prof. Edward Scicluna discusses the welfare state, and the principles underpinning the assistance and services it provides to the whole of society, such as healthcare, education, and social services. Prof. Scicluna explains that as time wears on, demand for such services is increasing, placing considerable pressures on governments globally. Consequently, governments are…
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Cross-checking statisitics – Videoblog 46
Minister for Finance Prof. Edward Scicluna explains that despite how those critical of Government are selectively quoting certain statistics in order to suggest that the new Government is not performing, official figures prove otherwise. He explains that the most oft-quoted figure, that of registered unemployed does not indicate strictly individuals who are long-term unemployed, but…
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Iċ-ċertifikati pozittivi li qed tirċievi Malta – NEWSPOINT – ONE
Jonathan Attard mal-Ministru tal-Finanzi, Profs. Edward Scicluna dwar il-qagħda u ċ-ċertifikati pozittivi li qed tirċievi l-ekonomika u s-sitwazzjoni finanzjarja ta’ Malta. – 20th May, 2014
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Attracting Investment through High-Level Meetings – Videoblog 45
In his weekly video blog, Finance Minister Prof. Edward Scicluna explains that the true function of Government in attracting investment goes far beyond the occasional tax incentive. He explains that the attraction of long-term investment is done in a different manner, such as during high level meetings, where ideas are discussed and transformed into fully-fledged…
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Historic Moment for Malta – Chairmanship of EIB Board Of Governors – Videoblog 44
Finance Minister Prof. Edward Scicluna discusses his participation in ECOFIN and Eurogroup meetings in Brussels earlier last week, on 5 and 6 May 2014. He explains that an especially important meeting took place during his two-day stay in Brussels, which was the European Investment Bank`s (EIB) Annual General Meeting, which Prof. Scicluna attended in…
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Deficit Target achieved through Determination and Commitment – Videoblog 43
In his weekly video blog, Minister for Finance Prof. Edward Scicluna refers to the confirmation by EUROSTAT a few days earlier that Malta has successfully closed 2013 with a deficit of 2.8%, well under the 3% threshold. Prof. Scicluna notes that this means that Malta is no longer in difficult territory of having a…
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National Reform Programme – Towards Budget 2015 – Videoblog 42
In his weekly video blog, Finance Minister Prof. Edward Scicluna discusses the upcoming 2015 Budget and some of the more important dates along its preparation calendar. Prof. Scicluna explains that in the run up to the 2015 Budget, the Maltese Government is required to submit to the European Commission two documents which represent the core…
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Minister Scicluna In Washington For 2014 Spring IMF/WB Meetings – Videoblog 41
Finance Minister Prof. Edward Scicluna attended high level meetings in Washington with international financial institutions to discuss the country’s economic outlook, and the crucial economic reforms currently underway. Prof Scicluna was attending the 2014 International Monetary Fund (IMF) and World Bank Group (WBG) Spring Meetings along with other Finance Ministers from the 188 countries…
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Isolating the risks of banking activities – Videoblog 40
Finance Minister Prof. Edward Scicluna explains that the financial crisis had far reaching consequences that are still being addressed to this day by European countries through discussions and joint action by EU Finance Ministers in the ECOFIN. Prof. Scicluna referred to his participation during a two-day meeting held on the 1st and 2nd April 2014…
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Engaging with the Commission on the basis of competence – Videoblog 39
Finance Minister Prof. Edward Scicluna explains the working relationship that exists between the Finance Ministry and the European Commission. He explains that Malta’s Finance Ministry is no different from other finance ministries across all 28 European Member States, and that like them, the Maltese Finance Ministry continuously works closely with the Commission. Prof. Scicluna…