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Does the euro have a future?
The euro has had its good times and its bad times, and at the moment we’re going through the latter. However, it is here to stay. The whole principle behind the single European currency is not just economic, but also political: countries have come together in a bid to build a strong union through…
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The way forward for the euro – Videoblog 87
In his weekly videoblog, Finance Minister Prof. Edward Scicluna takes a look at the situation across the Eurozone and discusses how the European shared currency can survive and thrive. Amidst all the gloom and doom, he remains optimistic about the euro’s future. It-triq ‘il quddiem għall-ewro Fil-vlogg tiegħu ta’ kull ġimgħa, il-Ministru għall-Finanzi,…
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Videoblog 86
– Wednesday, 8th April, 2015
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The Importance of Diverse and Independent Economic Forecasts – Videoblog 85
Minister for Finance Prof. Edward Scicluna discusses the importance of economic forecasts, and explains that these take place on the basis of sophisticated mathematical, economic, and statistical models. He notes that such economic forecasts are routinely carried out and issued by various institutions, such as the European Commission, and the International Monetary Fund. Locally,…
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The Role of Capital in the Economy – Videoblog 82
Minister for Finance Prof. Edward Scicluna discusses the importance of capital within the context of economic growth. He explains that the higher the capital within an economy as a ratio of its GDP, the higher its potential to grow and expand. – Friday, 6th March 2015
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Three country reports about Malta – Videoblog 81
During his weekly blog, the Minister for Finance Prof. Edward Scicluna discusses three reports issued by two leading European institutions and the rating agency Fitch on Malta which were published in recent days. He notes that the first two reports on Malta, published by the European Commission and the International Monetary Fund respectively,…
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Extraordinary Eurogroup, Ecofin and EIB Meetings – February 2015
Edward SCICLUNA, Minister for Finance of Malta, at the Eurogroup meeting on 11 February 2015, in Brussels. Eurozone finance ministers participate in an Extraordinary Eurogroup meeting on 11 February 2015 in Brussels. Eurozone finance ministers participate in an Extraordinary Eurogroup meeting on 11 February in Brussels.The Economic and Financial Affairs Council takes stock of progress…
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Commission Winter Forecast 2015 : Bodes Well for Excessive Deficit Procedure Outcome – Videoblog 80
During his weekly video blog, the Minister for Finance Prof. Edward Scicluna discusses the recently-published European Commission Winter Forecast 2015. He notes that while economic forecasts and appraisals are carried out regularly, the Commission Forecast has added importance because it is against the Commission’s forecasts and analysis that Malta’s performance with regard to the…
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Yes to concessions. But which ones? – Videoblog 79
There is indeed a general agreement amongst the Eurozone governments that they are prepared to sit down and listen to the new Greek government’s demands. At one end one could have on the table new demands for yet further lowering of interest rates or even a further prolongation of the debt maturity period. There…
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Significance for Malta of the Shanghai Electric deal – Videoblog 78
During his weekly video blog, the Minister for Finance Prof. Edward Scicluna discusses the recently-signed historic deal between the state-owned Corporation Enemalta and Chinese company Shangai Electric. Minister Scicluna underlines that the deal will not only have the effect of restoring the ailing energy corporation to health, but will also have a considerable impact…