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Level of expertise of financial practitioners plays a role in attracting foreign investment
“What is attracting foreign investors to invest and set their operations in Malta, is much more than taxation. It is the standards and level of expertise of its professionals”, stated Finance Minister Edward Scicluna when he was addressing the bi-annual conference organised by the Malta Institute of Accountants. PRESS RELEASE BY THE MINISTRY FOR FINANCE…
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2016 deficit falls by half up to October
Latest government finance data published by the National Statistics Office (NSO) shows a reduction of almost €100 million in the consolidated fund deficit in the period January to October of this year. As a result the deficit for the ten-month period was halved. PRESS RELEASE BY THE MINISTRY FOR FINANCE The significant reduction in…
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Eurogroup President Jeroen Dijsselbloem meets Finance Minister Edward Scicluna
Eurogroup President Jeroen Dijsselbloem pledged to work closely with Minister for Finance Edward Scicluna during his tenure as President of the Economic and Financial Affairs Council (ECOFIN). During a press briefing given today at the Ministry for Finance in Valletta, Mr Dijsselbloem, who is also the Minister of Finance of the Netherlands, praised Malta’s strong…
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Presidency of the EU Council is a unique opportunity for Malta
The Maltese Presidency of the Council of the European Union opens up a window of opportunity for Malta to let its own outlook be known to Europe and the world, stated Minister for Finance Edward Scicluna as he addressed the Institute of Financial Services (IFS) annual dinner. PRESS RELEASE BY THE MINISTRY FOR FINANCE…
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Minister Scicluna meets with German Banking Association delegation
Minister for Finance, Prof. Edward Scicluna welcomed a delegation of the German Banking Association at the Ministry for Finance. During the meeting, Minister Scicluna expounded on the agenda for the Maltese Presidency of the Council of the European Union, especially in relation to banking and financial markets. PRESS RELEASE ISSUED BY THE MINISTRY FOR…
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Minister Scicluna meets with counterparts ahead of Maltese Presidency of the EU
Minister for Finance, Prof. Edward Scicluna held a series of bilateral meetings with the Italian Minister of Finance Pier Carlo Padoan, the Irish Minister for Finance Michael Noonan, Norway’s Minister of Finance Siv Jensen, as well as with Klaus-Heiner Lehne, President of the European Court of Auditors, on the margins of the ECOFIN Council and…
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Minister Scicluna attends meeting with European social partners
Minister for Finance Prof. Edward Scicluna attended a meeting of the Macro-Economic Dialogue with the European social partners, on the margins of the Eurogroup and Econfin meetings currently taking place in Brussels. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE This meeting brought together the Council Presidency, the European Central Bank and the…
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Further increases in local exports
The Ministry for Finance welcomes the latest international trade news release published today by the NSO, which shows a remarkable increase of €484.3 million in Malta’s exports net of fuels for the first three quarters of this year. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE During the period January to September…
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Mhux ta’ min joqgħod fuq l-Oppożizzjoni biex tinterpreta statistika
Fi stqarrija, il-Partit Nazzjonalista qed jallega li l-Ministru għall-Finanzi, l-Professur Edward Scicluna, fil-Parlament qal li l-istatistika tal-Economic Survey mhux ta’ min joqgħod fuqha. L-istqarrija naqset milli tirriproduċi l-ispjegazzjoni tal-Ministru Scicluna fejn, waqt id-diskussjoni dwar l-estimi tal-Ministeru tiegħu, qal li l-Kap tal-Oppożizzjoni Dr Simon Busuttil uża statistika b’mod ħażin meta ddikjara li l-pagi matul…
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3,800 new companies registered in first nine months of this year
Minister for Finance, Prof. Edward Scicluna noted that 3,800 new companies have been registered by September 2016, bringing the total number of registered companies up to around 50,000. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE Speaking at the Annual Company Law Conference organised by the Department of Commercial Law within the University of…