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Minister Scicluna welcomes Eurogroup agreement on Greece
Minister for Finance, Prof. Edward Scicluna, expressed his satisfaction at how Friday night’s agreement on Greece managed to bring all the relevant parties on board. “Eagerness to reach a solution was not enough. We had to ensure that everybody was on board, including the International Monetary Fund (IMF), so that together we agree on…
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Foreign News
Greece Nears Third Rescue Deal as Schaeuble Expresses Confidence “The debt sustainability issue may hinder an agreement, but I hope it doesn’t come to that,” Maltese Finance Minister Edward Scicluna said. – Greek Parliament Passes Bailout Agreement Maltese Finance Minister Edward Scicluna said concerns about Greece’s long term debt sustainability could still block approval of…
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Il-Gvern mhu se joħroġ ebda flus mit-taxxi tal-poplu fuq il-garanzija bankarja ta’ €360 miljun
It-tliet banek internazzjonali li flimkien mal-Bank of Valletta ser jisilfu €450 miljun lill-Konsorzju Electrogas għal bini tal-Power Station tal-gass u faċilitajiet tagħha ser joħrogu ammonti indaqs bejniethom. Dan ħareġ f’konferenza tal-aħbarijiet mill-Ministri Konrad Mizzi u Edward Scicluna li irribattew il-kritika li saret mill-Oppożizzjoni għall-fatt li l-gvern qed jagħti garanzija fuq parti mis-self li tkopri €360 miljun li huma ekwivalenti għal…
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Positive Performance in Malta’s External Sector
International Trade figures issued today by the NSO show that local exports, net of fuel re-exports, recorded an increase of €14.4 million during the first half of this year. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE This positive export performance was underpinned by increases in several export categories ranging from export of foods and…
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Iċ-Ċifri dwar il-Finanzi Pubbliċi jikkonfermaw il-Kapaċità ta’ dan il-Gvern li jżomm mal-Impenji tiegħu
Id-dejta dwar il-finanzi pubbliċi maħruġa mill-Uffiċċju Nazzjonali tal-Istatistika llum hija konferma oħra ta’ kemm il-Gvern miexi skont il-pjanijiet tiegħu biex jilħaq il-miri baġitarji ambizzjużi li ffissa. Il-Ministru tal-Finanzi Edward Scicluna kkummenta: “Iċ-ċifri tal-ewwel nofs ta’ din is-sena jikkonfermaw il-kapaċità ta’ dan il-Gvern li jżomm mal-impenji fiskali tiegħu. F’dawn l-aħħar sentejn, dan il-Gvern wera li hu…
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Il-Gvern se jtejjeb l-inċentivi għan-Negozji tal-Familja
Il-Ministru tal-Finanzi, Edward Scicluna, faħħar il-kontribut li jagħtu għall-ekonomija tal-pajjiż l-impriżi żgħar u medji mmexxijin mill-familji, u qal li fix-xhur li ġejjin il-Gvern se jkun qed itejjeb l-inċentivi għan-negozji ta’ dan it-tip u jiffaċilitalhom l-użu tal-kreditu. Waqt żjara li għamel lill-kumpanija Silvercraft Products, li hija bbażata l-Marsa u timmanifattura prodotti tal-fibra tal-ħġieġ (fibreglass), il-Ministru Scicluna…
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Minister Scicluna inaugurates New Payment Solutions Company
Minister for Finance, Prof. Edward Scicluna, has officially inaugurated the official opening of SecureTrading Financial Services, an integrated payments management company providing a single point of contact for payment processing, card acquiring, as well as Payment Card Industry compliance and cybersecurity services. The company set up shop in Malta in May 2014 as the financial…
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Il-Gvern iniedi l-Fond għall-Leave tal-Maternità kif imħabbar fl-aħħar Baġit
F’konferenza tal-aħbarijiet konġunta bejn il-Ministru Helena Dalli u l-Ministru Edward Scicluna, il-Gvern nieda l-fond għall-leave tal-maternità kif imħabbar fl-aħħar baġit. Dan il-fond fil-forma ta’ Trust qed jitwaqqaf permezz ta’ Avviż Legali taħt l-Att dwar it-Trusts u t-Trustees. L-amministrazzjoni ta’ dan it-Trust se tkun f’idejn Bord imwaqqaf taħt l-istess Avviż Legali u li se jkun magħmul…
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Huawei’s presence will lead to future investment
The presence of Chinese telecoms giant Huawei in Malta will lead to “some form of future investment”, but the government cannot be expected to insist investors announce their plans to the public, Finance Minister Edward Scicluna said. “Huawei did not come to Malta to sunbathe. They came here to do business.” Addressing a press conference…
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Private sector behind surge in employment
Data released by NSO confirms the impressive performance being registered in the labour market. In fact, between February 2015 and February 2014, full-time employment increased by 6,622 persons, out of which 6,180 were generated in the private sector. Even after accounting for the re-classification to the private sector of the persons working with the public…