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THE MALTA FINANCIAL & BUSINESS TIMES

25 June 2003
ISSUE NO. 291
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Editorial
A question of size
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Economic Update



Central Bank gearing up for EMU membership
- timing of ERM II membership dependant on progress in convergence
By Julian Manduca
While a number of countries including, recently, the UK have held wide-ranging debates on the prospects of adopting Europe’s single currency, Malta will not have the same option as European Union membership itself obliges Malta to adopt the euro as its currency. READ MORE >>

EU ratification – the PM wants a stronger hand
- Labour won’t let him have it
By Matthew Vella
"This bill we have in front of us is introducing… the way we shall be proceeding in our obligations laid out in the Accession Treaty which are…why not use the word?… dictatorial." READ MORE >>

Official interest rates lowered for second month running
By David Lindsay
The Central Bank of Malta yesterday lowered the central intervention rate by 25 basis points to 3.25 per cent, a reduction equal to last month’s rate cut. READ MORE >>


INTERVIEW
The Malta-Venice-Riga connection
What do Malta, Venice and Riga have in common? Not much, apart from Mariner – a Maltese company set up to invest in and operate ports and terminals around the world. Shipping is known, and rightly so, as one of the most competitive industries and a Maltese company is quickly establishing itself at its forefront. David Lindsay speaks to Mariner’s Marin Hili about the company’s operations in Latvia and Italy, its future expansion plans and what he looks for when investing in a port.

The multi-faceted insurance industry
The insurance industry has had something of a tumultuous time of late with the customer becoming ever-more discerning, the problems associated with insuring young drivers and a number of issues affecting overseas principals. Rausi Insurance Agency Managing Director Jovin Rausi gives David Lindsay his opinion on a wide range of industry-related issues.


OPINION
Europe’s date with destiny
President Guido de Marco last weekend addressed the Wider, deeper stronger, conference on EU enlargement at London’s House opf Commons. Following are extracts from his speech.


NEWS

Verdala Mansions development nears completion

MTA calls for quick end to works in tourism areas

Extending government’s online services with e-RENT

 

 

 

 

 

 

 

Copyright © Network Publications, Malta.
Editor: Saviour Balzan
The Business Times, Network House, Vjal ir-Rihan San Gwann SGN 07, Malta, Europe
Tel: (356) 21382741-3, 21382745-6 | Fax: (356) 21385075 | E-mail