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Minister for Finance attends the launch of ACCA-X programme
Minister for Finance Prof. Edward Scicluna addressed a press conference on the launch of the ACCA-X online courses by the Association of Chartered Certified Accountants (ACCA). This was launched in collaboration with Deloitte Malta and AIM Professional Academy. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE Speaking during the launch of the ACCA-X programme…
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EU tax agreement
Speaking at a meeting of EU Finance Ministers (ECOFIN Council) in Luxembourg today, 17 June 2016, Minister for Finance Edward Scicluna stated that Malta can accept the latest version of a proposal for an EU Anti-Tax Avoidance Directive following several amendments that have been made to the text which address the country’s original concerns. …
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Finance Minister Edward Scicluna addresses the Operators of the European Financial Regulated Markets
This afternoon Minister for Finance Edward Scicluna addressed the Federation of European Securities Exchanges (FESE), which is holding its annual convention at the Hilton, St Julian’s. PRESS RELEASE BY THE MINISTRY FOR FINANCE Prof Scicluna remarked that as a result of the financial crises, in order to strengthen the sector while protecting the investor, pieces…
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Malta Records Highest Employment Growth in the EU for the Second Consecutive Quarter
Latest employment figures released by Eurostat show that in the first quarter of this year Malta recorded the highest employment growth amongst the 28 EU member states with an employment growth rate of 3.7 per cent. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE This marks a second consecutive quarter in which Malta…
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Malta Finance Minister addresses ASEM meeting on behalf of the EU Presidency Trio
The Minister for Finance, Professor Edward Scicluna during a meeting of European and Asian Finance Ministers in Mongolia said that the financial and debt crises has proved an incentive for improving European institutions and rules, and has helped its members to think strategically on where they wanted to be in the future. PRESS RELEASE BY…
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Economic Growth in Malta Continues to Impress
In the first quarter of this year, economic growth in Malta continued to exceed expectations increasing by 5.2 per cent over an already high growth rate of 6.3 per cent recorded in the same quarter of last year. This comes at a time where the EU and the Euro Area are growing at 1.8 and…
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EU Delegation visit to the Ministry for Finance
Prof. Edward Scicluna, Minister for Finance, welcomed an EU delegation headed by Mr Alexander Italianer, Secretary General of the European Commission, accompanied by Mr Martin Selmayr, Head of President Juncker’s Cabinet and Ms Clara Martinez-Alberola, Deputy Head of President Juncker’s Cabinet, at the Ministry for Finance. The meeting was held to discuss the…
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Challenges and Opportunities for the Insurance Industry
“The success of the insurance industry today owes it to the visionaries who, way back 35 years ago, set up an insurance training centre (MITC) because they believed in the importance of proper training and development for the profession”. Minister Prof. Scicluna stated this when he was addressing the National Conference on Current Developments in…
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High reduction in the debt-to-GDP ratio in 2015
Latest debt figures published by NSO confirm that the debt-to-GDP ratio decreased by 3.2 percentage points in 2015, falling from 67.1 per cent in 2014 to 63.9 per cent. The 3.2 percentage point decrease marked the highest reduction in the debt-to-GDP ratio over the last decade. PRESS RELEASE BY THE MINISTRY FOR FINANCE The…
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Finance Minister receives a courtesy visit from the Algeria-Malta Parliamentary Friendship Group
Yesterday afternoon the Algeria-Malta Parliamentary Friendship Group paid a courtesy visit to Finance Minister Edward Scicluna. The Algerian delegation was led by the President of the Algeria-Malta Parliamentary Friendship Group Noura Boudaoud who was accompanied by members of the Algerian Parliament and a representative of the Algerian Embassy in Rome. PRESS RELEASE BY THE…