Malta Today
Malta Today

23 February 2005

The Web
Send feedback

When sorry is not enough

The Architect
The Architect – the official journal of the Kamra tal-Periti, published for the Chamber by Newsworks Ltd.

Search Malta - Gozo and Comino too!

UN economic report gets Malta’s growth figures all wrong
A United Nations report, published yesterday by the UN Economic Commission for Europe outlining economic prospects for 2005, got its numbers wrong and went totally off the mark when forecasting Malta’s GDP growth figures.
The report, which was given wide international media coverage, estimates Malta’s real GDP growth for 2005 at 4.75 per cent, way above the government’s own estimate of 1.5 per cent

Government accountability accepted for gas shortages
A government representative has apologised to consumers and assumed responsibility for the scarcity of gas cylinders that hit the country over the past weeks.
“The government is responsible for these circumstances and as a representative of the Maltese government, I apologise to all those Enemalta clients who during the past few days found difficulties in buying gas cylinders. Something went wrong and one cannot attribute responsibility to one single person. But everything possible must be done to avoid a repetition of this situation.”

Maltese not optimistic about country’s economic prospects
The European Union’s regular Eurobarometer survey has found that at least 46 per cent of Maltese citizens expect the economic situation in the country to deteriorate in the next twelve months, confirming that the Maltese are not optimistic about the short-term prospects of economic activity in the country.
The report examines the results of a public opinion survey held in Malta as part of wave 62 of the standard Eurobarometer. The survey was carried out during October 2004. An evaluation of trends in short-term expectations indicates that, in spite of high pessimism on the short-term prospects of the country’s economy, the large majority of Maltese believe that they will be able to maintain or improve their personal financial situation and the quality of their own life...

A pro-active, competitive, enterprising outlook
Investment, Industry and Information Technology Minister Austin Gatt speaks at the second annual Management Studies Conference organised by the Institute of Business and Commerce of the Malta College of Arts, Science and Technology themed ‘Our outlook?
Pro-active, competitive, enterprising’

Taking liberalisation to task - challenging a monopoly
KARL SCHEMBRI speaks to MaltaTel General Manager Mario Gatt about the Gozo-based telecommunications company’s bid to end Maltacom’s monopoly once and for all by introducing its own fixed line service. The new company has, however, encountered resistance in the form of ‘exorbitant’ interconnection rates and frustration over the lack of interest in the project from the authorities...

Paris pursues Erika case against Total, MMA not to be tried

Lombard has most successful year to date

PN cracks deepen

Gonzi denies he has ‘informal’ agreement with EU Commission

Experts mull windfall tax on banks

GRTU advises members not to pay VAT penalties

Tonio Fenech hits back at Prof. Scicluna

No indication of rent law changes

Commercial activity maintains good rhythm

Economic prospects bleak - CBM survey



The Malta Financial & Business Times is published weekly on Wednesdays.
Our website is updated weekly on Thursdays at 15.00CET
Copyright © Newsworks Ltd., Malta
Editor: Saviour Balzan
The Malta Financial & Business Times, Newsworks Ltd, Vjal ir-Rihan, San Gwann
Tel: (356) 2138 2741 | Fax: (356) 2138 5075 | E-mail