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A courtesy visit from the Australian High Commissioner
Finance Minister Prof. Edward Scicluna received a courtesy visit from H.E. Australian High Commissioner Ms Jane Elisabeth Lambert, on Wednesday 3rd July, 2013. The meeting chiefly touched upon issues of mutual interest to Malta and Australia, and the parallels between the two countries, in so far as both countries weathered the ongoing global economic…
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“Customs Department crucial for maintaining delicate balance between Customs Controls and Facilitation of Legitimate Trade”
Finance Minister Prof. Edward Scicluna underlined the importance of the Customs Department’s function of maintaining the balance between enforcement and the facilitation of the flow of trade into and out of Malta. “The role of the Customs Department remains as crucial as ever,” Prof. Scicluna said. “It is responsible for maintaining the delicate balance between…
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A courtesy visit from the Chinese Ambassador
Finance Minister Prof. Edward Scicluna received a courtesy visit from Chinese Ambassador to Malta Cai Jinbiao on Friday 28th June 2013. The meeting touched upon several topics, and during the meeting both Prof. Scicluna and Ambassador Cai exchanged views on how to further strengthen bilateral ties between the two countries across various sectors. Prof. Scicluna said…
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A courtesy visit from the National Council of Women
Finance Minister Prof. Edward Scicluna received a courtesy visit from National Council of Women President Mary Gaerty and General Secretary Doris Bingley on Thursday 27th June, 2013. The meeting chiefly concerned itself with gender-related issues concerning the encouragement of greater economic participation, and options open to Government to address them. the hurdles faced by women…
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“All bank depositors must be protected”
On the eve of the European Council, the Minister for Finance, Professor Edward Scicluna, took part in an extraordinary meeting of the Economic and Financial Affairs Council (ECOFIN) which managed to reach an agreement on the proposed Banking Recovery and Resolution Directive. This meeting was a continuation of the long but inconclusive meeting of EU…
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“Malta Stock Exchange essential to provide alternative sources of company financing”
Finance Minister Prof. Edward Scicluna toured the Malta Stock Exchange and met with various officials and staff on Monday 24th June 2013. During the visit, Prof. Scicluna also met with the Malta Stock Exchange Board of Governors. In a brief address to the Malta Stock Exchange officials and staff, Prof. Scicluna emphasised the importance of…
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“ESM Bank Resolution Funding must be available to Small Member States”
The Minister for Finance, Professor Edward Scicluna, addressed both the ECOFIN and EUROGROUP council meetings in Luxembourg on 20th and 21st June 2013, during which EU Ministers discussed several issues relating to economic and financial developments in the Union. The discussions revolved primarily around the establishment of a Banking Recovery and Resolution Framework, and the…
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Minister Edward Scicluna wins assurance of ESM aid for small states
Malta’s Finance Minister Edward Scicluna welcomed an assurance from his euro-area counterparts that requests from smaller nations for direct bank aid from the currency bloc’s rescue fund will be treated no differently than those from large countries. “We are happy that our point was acknowledged, and received backing from Luxembourg,’ Scicluna said in…
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Mapfre chairman and CEO visits Malta
Chairman and chief executive officer of Mapfre Antonio Huertas recently attended a conference in Malta which was attended by a large number of top Mapfre Asistencia executives from around the globe. While in Malta, Huertas met a number of senior politicians, including Prime Minister Joseph Muscat, Finance Minister Edward Scicluna and Parliamentary Secretary…
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The CEB Annual Meeting
Opening address delivered by the Hon. Prof. Edward Scicluna Excellencies, distinguished guests, ladies and gentlemen. I join the Prime Minister who met with you yesterday at the Upper Barrakka in welcoming you to Malta. We wish you a successful and fruitful meeting and an enjoyable stay here as well. As I will be…