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Courtesy Call from the Ambassador of Switzerland H.E Giancarlo Kessler
The Minister for Finance Prof. Edward Scicluna received a courtesy visit from H.E. the Swiss Ambassador Mr. Giancarlo Kessler on Friday 16th January 2015. During the visit, Minister Scicluna and H.E. Kessler discuss several issues of mutual interest to both Malta and Switzerland. These included the economic similarities between Malta and Switzerland, and the…
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Annuities for a decent life in old age – Videoblog 77
During his weekly video blog, the Minister for Finance Prof. Edward Scicluna discusses various savings and investment options which many are often not aware of, and which many can benefit from so to improve their quality of life in their later years. He notes that to facilitate and encourage the habit of putting something…
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2015 – X’nistennew minnha?
X’nistgħu nistennew minnha s-sena 2015? Filwaqt li hu difficli li tbassar il-futur, ħafna mill-kwistjoni li se naraw jiżviluppaw quddiem għajnejna fix-xhur li ġejjin diġa` nibtu jew nżeraw fis-sena ta’ qabel tal-2014. Fosthom hemm il-kwistjoni tal-prezz taż-żejt, il-problema tar-Russja, l-Unjoni Ewropea u l-mod kif din qed tbiddel id-direzzjoni tagħha, u l-ekonomija kemm globali kif ukoll dik…
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Grexit 2 – Videoblog 76
The Minister for Finance Prof. Edward Scicluna discusses the reemergence of the ‘Grexit’ debate, which revolves around the question whether Greece is set to exit the Euro Zone in the wake of its recent economic troubles and ailing competitiveness. Noting that this is the second time that a Grexit is being discussed, Minister Scicluna explains…
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S&P Reaffirms BBB+ Rating for Malta with Stable Outlook [WATCH]
Standard and Poor’s credit rating report confirms Malta’s BBB+/A-2 long- and short-term rating and reaffirms the outlook of the Maltese economy as stable. This positive assessment that Malta will continue to grow more quickly than the eurozone is being attributed to investments in the energy sector. These investments are the direct results of government’s economic…
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2014: Sena li qabzet l-Aspettativi Ekonomici
Huwa normali li lejn l-aħħar tas-sena wieħed iħares ftit lura u jara minn xiex ikun għadda l-pajjiż, sabiex jiġbed il-konklużjonijiet ta’ dak li ġara, u dak li jkun ma ġarax. Mil-lat ekonomiku, wieħed jista jgħid li s-sena 2014 kellha andament li ma kienx kompletament kostanti. Fl-Unjoni Ewropeja, iżda, it-tkabbir baqa’ kajman. Aktar inkwetanti minn hekk,…
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€455.8 million assets are regularised under 2014 investment registration scheme (Watch)
The Ministry of Finance would like to announce that the 2014 Investment Registration Scheme, which expired on 30 November 2014, attracted a total of 1469 valid registrations covering an aggregate of €455.8 million worth of eligible assets. PRESS STATEMENT BY THE MINISTRY FOR FINANCE Of the total amount registered, €69.8 million or 15%…
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Looking back to 2014 – Videoblog 74
The Minister for Finance Prof. Edward Scicluna looks back over 2014 and discusses a few of the most important developments that unfolded during the year. He notes that throughout the European Union, economic growth remained very modest, noting that previously large and well-performing economies such as Germany began experiencing a gradually-diminishing drop in economic growth…
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Żjara lill-ħaddiema tad-dwana stazzjonati fl-ajruport internazzjonali f’jum il-Milied
F’jum il-Milied, il-Ministru għall-Finanzi, il-Professur Edward Scicluna żar lill-ħaddiema tad-dwana stazzjonati fl-ajruport internazzjonali u li kienu skedati sabiex jaħdmu f’dak il-jum. Stqarrija Maħruġa Mill-Ministeru Għall-Finanzi Il-Ministru Scicluna rringrazzja u rrikonoxxa lill-ħaddiema kollha, li filwaqt li f’dawn il-jiem ta’ festi kulħadd ikun magħqud jiċċelebra mal-għeżież tiegħu, dawn il-ħaddiema, fost oħrajn, ikomplu jipprovdu s-servizzi tagħhom lill-poplu…
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More about Credit Rating Agencies – Videoblog 73
During his weekly video blog, the Minister for Finance Prof. Edward Scicluna explores the nature and function of the oft-mentioned Credit Rating Agencies, such as Standard & Poor’s, Fitch IBCA, Moody’s and others such as DBRS. Prof. Scicluna explains that the function of these agencies, despite how they are invariably mentioned within the…