May 2012

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Commission confirms minister’s failure to heed deficit warning

Labour MEP Prof Edward Scicluna today accused Finance Minister Tonio Fenech of repeatedly failing to heed the two explicit warnings prior to the publication of the 2012 Budget after the European Commission confirmed that it had repeatedly warned the government that Malta's budget deficit would fall short of expectations. After an implied third and final warning in the beginning of January during the bilateral talks held with the Commission the ... [+]