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Free Childcare to help Families achieve a Work/Life Balance
Free childcare centres will be available from April. Practically all childcare centres in Malta and Gozo have signed up to the new government scheme. The initiative has been widened in scope so that parents who are in education, as well as those in employment, will be able to make use of this service. Parents will…
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Il-Gvern irnexxielu jaqta’ id-defeċit b’€120 miljun
Sal-aħħar tas-sena elfejn u tlettax, il-Gvern irnexxielu jaqta’ id-defiċit tal-pajjiż b’ mija u għoxrin miljun ewro. — Government reports deficit down €120m Finance Minister Edward Scicluna yesterday told Parliament that the government had closed with a deficit of around €225 million in 2013: €120 million less than the previous year. Introducing the Trust and…
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Government committed to strengthen Malta Statistical Authority for better Statistical Governance
Finance Minister Prof. Edward Scicluna said that the Government is committed to strengthening the Malta Statistical Authority (MSA) to ensure that the entity would be able to better regulate the National Statistics Office (NSO) and be a driver for change and improvement. Prof. Scicluna was speaking during a press conference held on Thursday 20th February…
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“EU’s Single Resolution Fund should not rely on national public funds”
Speaking at a meeting of the Economic and Financial Affairs (ECOFIN) Council in Brussels on Tuesday 18th February 2014, Minister for Finance Professor Edward Scicluna called on EU Member States to ensure that a fund which is being negotiated in order to assist in the resolution of struggling European banks does not place a burden…
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Kuntrabandu mhux se jkun tollerat minn dan il-gvern taħt ebda ċirkostanzi
Il-Ministru għall-Finanzi sostna li l-kuntrabandu mhux se jkun tollerat mill-Gvern ġdid taħt ebda ċirkostanzi, hekk kif dan jirrapreżenta serq mid-dħul tal-pajjiż. Il-Ministru qal dan fid-dawl tal-arresti relatati ma’ container mimli sigaretti li daħal Malta, imbad nstab li kien tneħħa mill-Freeport aktar kmieni din il-ġimgħa taħt ċirkostanzi suspettużi. Il-Ministeru hu infurmat li d-Dipartiment tad-Dwana assista lill-Pulizija…
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Another positive turnaround in leading growth indicators
Malta’s Foreign Direct Investment (FDI) inflows for the first half of 2013 turned marginally positive after having been on a downward trend since 2010. In fact FDI in the first half of 2012 had even turned negative decreasing by €130 million. The positive increase in FDI inflows was mainly the result of an increase in…
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Turnaround in Leading Growth Indicators
Contrary to what the Nationalist Party is claiming, leading growth indicators are pointing towards a sustained recovery in the economy. A correct reading of leading indicator figures published by the NSO will show that there are obvious signs of economic recovery. Leading indicators are measures of economic activity that give a preview of the economy’s…
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Professor Scicluna addresses the EP as EIB Chairman
In this Dot.EU feature, prepared and broadcast by PBS, Finance Minister Prof. Scicluna explains that he was in Brussels on Tuesday 21st January, 2014, to deliver an address to the European Parliament in his capacity as Chairman of the Board of Governors of the European Investments Bank, on the invitation of the President of…
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Seventy Seven Accountants and Auditors receive CPA and PCA Warrants and Certificates
77 Certified Public Accountant (CPA) warrants and Practising Certificates in Auditing (PCA) were presented by Finance Minister Prof. Edward Scicluna during a ceremony held on Friday 31st January 2014. During a brief address ahead of the presentations, the Finance Minister stressed that the professional requirements for accountants and auditors are ever higher, due to regulatory…
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Malta’s success in financial services and igaming hinges on robustness of regulation and supervision
Finance Minister Prof. Edward Scicluna stressed that Malta’s igaming industry is a success primarily thanks to Malta’s over-all regulatory model which combines rigorousness and transparency with flexibility and adaptability. Prof. Scicluna was speaking during the inauguration of the new Betsson Group Experience Centre, located in the Ta’ Xbiex Waterfront, on Thursday 30th January 2014. The…