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Courtesy visit from the Ambassador of H.E. Janine Finck, Ambassador of the Grand Duchy of Luxembourg
Finance Minister Prof. Edward Scicluna Receives A Courtesy Visit From The Ambassador Of H.E. Janine Finck, Ambassador Of The Grand Duchy Of Luxembourg Finance Minister Prof. Edward Scicluna received a courtesy visit from H.E. Ms. Janine Finck, Ambassador of the Grand Duchy of Luxembourg, on Tuesday 14th January 2014. The meeting touched upon topics…
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Finance Minister Prof. Edward Scicluna on Sibt il-Punt – ONE radio – 04.01.2014
On ONE Radio explaining that as economy grows, an increase in registered unemployment is inevitable. This does not mean unemployment is growing. In fact Eurostat data shows the opposite: unemployment is dropping gradually. [nggallery id=165] — Waqt intervista fuq ONE Radio aktar kmieni illum, il-Ministru għall-Finananzi Edward Scicluna spjega kif l-ekonomija Maltija qed tieħu…
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‘Looking back on a positive year’ – Videoblog 28
In his first blog for 2014, Finance Minister Prof. Edward Scicluna takes a look at the country’s economic and fiscal performance during 2013. Prof. Scicluna notes that while a complete picture is difficult to obtain as yet as certain figures for the full year are not available before the first months of 2014,…
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The Banking Union – a milestone European decision – Videoblog 27
Finance Minister Prof. Edward Scicluna discusses the recent milestone decision taken by Euro zone Ministers on the Banking Union during an intensive, two-day negotiation and discussion meeting in Brussels. He explains that the Banking Union will be essential to safeguarding depositors and taxpayers in the eventuality of further bank troubles in the wake of the…
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Government intends to address the country’s challenges
“By 2020 we would like to see a significant increase in the labour market and the number of persons in tertiary education to enable Malta to face its future with confidence,” Prof. Scicluna was speaking during a panel discussion held at the PricewaterhouseCoopers (PwC) annual conference at the Westin Dragonara, on Friday, 20th December,…
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Finance Minister welcomes EU Single Resolution Mechanism Agreement as ‘European Milestone Decision’
Minister for Finance Prof. Edward Scicluna welcomes the agreement on an EU Single Resolution Mechanism as a “European milestone decision.” “I am very proud to have participated in a milestone European decision which is intended to protect both bank depositors and taxpayers’ money.” Prof. Scicluna was speaking following the historic Economic and Financial Affairs Council…
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Malta and U.S. sign foreign account tax compliance act
On behalf of their respective Governments, Minister for Finance Edward Scicluna and U.S Ambassador Gina Abercrombie –Winstanley signed the Foreign Account Tax Compliance Act (FATCA) on Monday, December 16, 2013. The “FATCA Agreement” is a further development in the relations between Malta and the United States regarding exchange of information and is to be made…
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Improving the Budgetary Process – Videoblog 26
Finance Minister Prof. Edward Scicluna discusses the government’s budgetary process, and ways how this can be improved for the betterment of the country’s finances. Prof. Scicluna explains that this begins with identifying difficulties the Government faces when attempting to reduce its expenditure and thus its deficit, and what is being done in this regard.…
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Minister Scicluna welcomes progress made on Banking Union, but scrutiny and clarity is required
“Malta will not give it consent unless it studies the legal text in detail, which is still to be drafted and sees that Malta’s interests are safeguarded. In particular we seek a system of decision making which is not cumbersome and which respects the rights of small Member States” Minister for Finance, Professor Edward Scicluna…
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European Parliament Committee on Economic and Monetary Affairs welcomes Malta’s budgetary reforms
MEP’s in the European Parliament’s Economic and Monetary Affairs Committee gave a warm welcome to Minister Edward Scicluna, a former MEP and Vice-chair of the Committee during an Exchange of Views (EV) held with the ECON committee on Thursday 5th December 2013. The coordinator of the EPP Mr Gauzes together with the S&D coordinator Elisa…