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The Welfare State – Videoblog 47
Finance Minister Prof. Edward Scicluna discusses the welfare state, and the principles underpinning the assistance and services it provides to the whole of society, such as healthcare, education, and social services. Prof. Scicluna explains that as time wears on, demand for such services is increasing, placing considerable pressures on governments globally. Consequently, governments are…
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Malta in favour of closing hybrid loan mismatch loophole
Malta agrees on closing a tax loophole referred to as hybrid loan mismatch. At the last ECOFIN Meeting which took place on 6th May 2014, Malta only disagreed with the wording of the amending directive, but not the object of the Parent Subsidiary Directive. As explained by the Minister for Finance in his intervention in…
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New Banif Bank (Malta) plc. branch in Paola
The Minister for Finance, Prof. Edward Scicluna inaugurated a new Banif Bank (Malta) plc. branch in Pjazze de Paule, Paola, on Friday 30th May 2014. Speaking during the inauguration, Prof. Scicluna said that the Government continues to consider the Maltese banking sector as a sound and solid sector which has managed to weather the financial…
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Government committed to enhancing Malta’s business competitiveness
The Government is looking towards the introduction of competitiveness indicators aimed at monitoring the competitiveness of our business sector. “We are to make sure that we improve our competitiveness, this is in view that those European countries which went through the economic and financial turmoil, will emerge much stronger after the crises,” said the Minister for Finance…
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Cross-checking statisitics – Videoblog 46
Minister for Finance Prof. Edward Scicluna explains that despite how those critical of Government are selectively quoting certain statistics in order to suggest that the new Government is not performing, official figures prove otherwise. He explains that the most oft-quoted figure, that of registered unemployed does not indicate strictly individuals who are long-term unemployed, but…
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Courtesy visit from Vice President of the Europe-US Chamber of Commerce Mr. Peter Chase
[nggallery id=196] “The Minister for Finance received a courtesy call from the Vice president of the Europe-US Chamber of Commerce, Mr. Peter Chase in the last weeks of May 2014. During the meeting, Minister Scicluna and Mr Peter Chase had occasion to discuss various issues related to both the European and the US financial and…
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Fondi Ewropej għall-Għawdex mitlufin minħabba Rapport Superfiċjali
Fondi Ewropej immirati speċifikament lejn Għawdex għal dawn is-seba snin li ġejjin intilfu minħabba kif l-amministrazzjoni preċedenti ma kinitx kapaċi tikkonvinċi lill-Kummissjoni Ewropeja. Dan ġara għaliex il-Gvern kien ippreżenta rapport superfiċjali dwar Għawdex. Il-Ministru Għall-Finanzi l-Prof. Edward Scicluna kien qed jitkellem f’okkażjoni meta hu u l-Ministru għall-Għawdex Anton Refalo flimkien inawguraw ktieb bl-istatistika u figuri…
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Iċ-ċertifikati pozittivi li qed tirċievi Malta – NEWSPOINT – ONE
Jonathan Attard mal-Ministru tal-Finanzi, Profs. Edward Scicluna dwar il-qagħda u ċ-ċertifikati pozittivi li qed tirċievi l-ekonomika u s-sitwazzjoni finanzjarja ta’ Malta. – 20th May, 2014
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Attracting Investment through High-Level Meetings – Videoblog 45
In his weekly video blog, Finance Minister Prof. Edward Scicluna explains that the true function of Government in attracting investment goes far beyond the occasional tax incentive. He explains that the attraction of long-term investment is done in a different manner, such as during high level meetings, where ideas are discussed and transformed into fully-fledged…
