Month: March 2018

  • Inauguration of Western Union Business Solutions new offices in Birkirkara

    Inauguration of Western Union Business Solutions new offices in Birkirkara

    “This is what makes our financial sector what it is, and which we are so proud of ”, said Minister Edward Scicluna during the inauguration of the new offices of Western Union Business Solutions at the W Business Centre in Birkirkara. PRESS RELEASE BY THE MINISTRY FOR FINANCE This inauguration was made in the presence…

  • Malta supports ECOFIN agreement on fighting aggressive tax planning

    Malta supports ECOFIN agreement on fighting aggressive tax planning

    Malta takes exception at the non-European way that small member states have been labelled in the press recently with regard to the European tax reform process. This was stated by Minister for Finance Edward Scicluna while addressing the Economic and Financial Affairs Council of the European Union, which met today in Brussels. This sentiment was…

  • L-Aġenziji tal-Credit Ratings

    L-Aġenziji tal-Credit Ratings

    Minn żmien għal żmien id-diversi aġenziji internazzjonali ta’ kreditu, Moody’s, Standard & Poor’s, Fitch, DBRS, joħorġu rapporti dwar pajjiżna. B’mod konsistenti tista’ tgħid li s-sekwenza li ssegwi wara l-ħruġ ta’ dawn ir-rapporti issa drajniha: il-Gvern juri s-sodisfazzjon tiegħu u għandu biex verament ikun kuntent; l-Oppożizzjoni taqa’ f’silenzju ta’ qabar u tipprova tagħti l-impressjoni li qisu…

  • European Bank for Reconstruction and Development (EBRD) Constituency meeting held in Malta

    European Bank for Reconstruction and Development (EBRD) Constituency meeting held in Malta

    While addressing delegates from the EBRD Constituency, Minister for Finance Edward Scicluna stated that, “it is important for the countries represented at the European Bank for Reconstruction and Development, the EBRD, to address the current issues pertaining to the North African and Middle East countries, with special emphasis on migration.” The Constituency is composed of…

  • Malta’s outstanding economic performance in recent years recognised by the 2018 Country Report

    Malta’s outstanding economic performance in recent years recognised by the 2018 Country Report

    The Ministry for Finance welcomes the 2018 Country Report on Malta published by the European Commission, which states that “Malta’s economic performance has been outstanding in recent years.” PRESS RELEASE BY THE MINISTRY FOR FINANCE Indeed, the report acknowledges that growth has remained dynamic and has been job-rich, with prospects looking favourable and the fiscal…

  • Robust growth rate continues in 2017 fuelled by growth in private consumption and exports

    Robust growth rate continues in 2017 fuelled by growth in private consumption and exports

    Malta has once again recorded the highest economic growth in the Euro Area with a real GDP growth rate of 6.6 per cent in 2017. This growth rate is more than double the average growth rate of 2.3 and 2.4 per cent recorded in the Euro Area and the EU28 respectively. PRESS RELEASE BY THE…

  • Women’s Day celebrated at the Malta Stock Exchange in the presence of the Countess of Wessex

    Women’s Day celebrated at the Malta Stock Exchange in the presence of the Countess of Wessex

    On the occasion of Women’s Day, Minister for European Affairs and Equality Helena Dalli and Minister for Finance Edward Scicluna attended an event organised by 100 Women in Finance at the Malta Stock Exchange which hosted the Countess of Wessex and the President of Malta Marie-Louise Coleiro Preca. PRESS RELEASE BY THE MINISTRY FOR EUROPEAN…

  • Fitch commends Malta’s strong rule of law and government effectiveness

    Fitch commends Malta’s strong rule of law and government effectiveness

    Following Moody’s and DBRS’ credit rating upgrades last week, Fitch has now affirmed Malta’s sovereign credit rating at A+ resulting from its upgrade last year, while commending Malta’s high governance indicators. These results, it remarks, reflect a strong rule of law and governmental effectiveness. PRESS RELEASE BY THE MINISTRY FOR FINANCE Minister for Finance Edward Scicluna stated…

  • Il-materjaliżmu u l-kuntentizza

    Il-materjaliżmu u l-kuntentizza

    Mingħajr ebda sens ta’ partiġġjaniżmu ma nistax ma nirrimarkax dak li jista’ jara, u filfatt qiegħed jara u jesperjenza kulħadd. Il-poplu Malti u Għawdxi llum huwa aktar komdu milli kien sa ftit tas-snin ilu. Il-pajjiż għaddej minn żmien tajjeb ħafna. Id-dħul tal-familji tjieb sostanzjalment, xiħaġa li hija riflessa fil-fatt li l-konsumiżmu kiber sostanzjalment. Ammissjoni għal…

  • Masterclass on the State of Hospitality and Investment across the Mediterranean Region

    Masterclass on the State of Hospitality and Investment across the Mediterranean Region

    “Let us work at promoting Malta as a peaceful place to do business.” This was stated by Minister For Finance Edward Scicluna whilst addressing a ‘Masterclass on the State of Hospitality and Investment across the Mediterranean Region’, organised by the Mediterranean Tourism Foundation. PRESS RELEASE BY THE MINISTRY FOR FINANCE Minister Scicluna said that the…