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Banking Union Discussed in Brussels – Videoblog 31
Finance Minister Prof. Edward Scicluna discusses his participation in Eurogroup and ECOFIN meetings in Brussels earlier last week. Prof. Scicluna explains that one issue which was discussed was the current status of the Banking Union. He notes how two leading Maltese banks, HSBC and BOV, along with other more prominent European banks such as Deutsche…
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Prof. Edward Scicluna on Breakfast News – ONE – 26.01.2014
– Sunday, 26th January 2014
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My EP address on behalf of the EIB – Videoblog 30
Finance Minister Prof. Edward Scicluna explains how earlier last week he delivered an address in the European Parliament on invitation of the President of the European Parliament, Martin Schulz. The address dealt with economic growth and the creation of employment. Prof. Scicluna explains that this is especially relevant in a context where in…
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Finance Minister Scicluna’s Comments to the Times of Malta on Citizenship by Investment Scheme – Uncut
In a brief interview with the Times of Malta on Thursday 23rd January 2014, Finance Minister Prof. Edward Scicluna explained that his original statements regarding the citizenship by investment scheme in an exchange of views with the European Parliament were twisted and misrepresented. Minister Scicluna said that when he referred to issues such as…
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Standard & Poor’s affirms stable outlook for Malta – Videoblog 29
Finance Minister Prof. Edward Scicluna explains that the recently-published positive assessment by international credit rating agency Standard & Poor’s underlines the credibility of the Government’s plan to undertake significant reforms while also strengthening the country’s finances. He notes that in its appraisal, Standard & Poor’s welcomed the Government’s reform in the energy sector which…
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‘Looking back on a positive year’ – Videoblog 28
In his first blog for 2014, Finance Minister Prof. Edward Scicluna takes a look at the country’s economic and fiscal performance during 2013. Prof. Scicluna notes that while a complete picture is difficult to obtain as yet as certain figures for the full year are not available before the first months of 2014,…
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The Banking Union – a milestone European decision – Videoblog 27
Finance Minister Prof. Edward Scicluna discusses the recent milestone decision taken by Euro zone Ministers on the Banking Union during an intensive, two-day negotiation and discussion meeting in Brussels. He explains that the Banking Union will be essential to safeguarding depositors and taxpayers in the eventuality of further bank troubles in the wake of the…
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Improving the Budgetary Process – Videoblog 26
Finance Minister Prof. Edward Scicluna discusses the government’s budgetary process, and ways how this can be improved for the betterment of the country’s finances. Prof. Scicluna explains that this begins with identifying difficulties the Government faces when attempting to reduce its expenditure and thus its deficit, and what is being done in this regard.…
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Malta’s Budget Direction welcomed by European Commission – Videoblog 25
Finance Minister Prof. Edward Scicluna discusses the recent appraisal by the European Commission in which it found that Malta’s Budget 2014 is taking the country in the right direction to reduce its deficit and debt. Prof. Scicluna explains the importance of a historic meeting held a few days ago were Eurozone Ministers met to share…
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Favourable Assessment by the European Commission – Videoblog 24
Finance Minister Prof. Edward Scicluna assesses the European Commission’s recently-published reactions to various documents which were submitted by the Government throughout the month of October. Prof. Scicluna notes that the Commission’s reactions were favourable as it is satisfied with how the Government is handling the country’s finances. Prof. Scicluna especially welcomes the Commission’s conclusion that…