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November 2019

EU needs to change its culture towards risk taking and innovation

"For many years after the financial crisis, EU investment and in particular investment in innovation, suffered the fate of government expenditure. As a result, R&D as a percentage of GDP in Europe is significantly lower than in the US. The EU needs to change its culture towards risk taking and innovation." With Ms Christine LAGARDE, President of the European Central Bank. This was stated by Minister for Finance Edward Scicluna during the ... [+]

Malta expected to record the highest economic growth rates in the EU for the third consecutive year

The Ministry for Finance welcomes the 2019 Autumn Economic Forecast published by the European Commission (EC) which expects the Maltese economy to record the highest GDP growth rates in the EU for both 2020 and 2021. PRESS RELEASE BY THE MINISTRY FOR FINANCE The EC expects Malta’s GDP growth to amount to ... [+]

5th Annual Investor Education Conference

Minister for Finance Edward Scicluna delivered a concluding speech at the 5th Annual Investor Education Conference, aimed at increasing the level of financial literacy amongst investors, held at the Malta Stock Exchange (MSE).   PRESS RELEASE BY THE MINISTRY FOR FINANCE The minister congratulated the MSE for setting up the MSE Institute and ... [+]