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TOP NEWS | Wednesday, 08 October 2008

Bank deposits guaranteed to €50,000 minimum

David Darmanin

As Malta’s official position will be announced upon Finance Minister Tonio Fenech’s return from Luxembourg, international reports can confirm that EU governments will be guaranteeing bank deposits up to €50,000 or €100,000, according to the affordability of the country in question. >>


Paying twice for electricity

Kurt Sansone

Government’s new utility tariff structure with its intention to fully recover the costs incurred by Enemalta and Water Services Corporation means that consumers will be paying twice for the electricity consumed by reverse osmosis plants to produce water.>>


Shop owners express mixed feelings on Freedom Square installation

Social partners warn of unsustainable businesses, job losses

Malta lags behind in broadband quality survey

Disrespecting the industry

GRTU: Scrap social housing

GRTU calls on government to keep surcharge

SmartCity Malta expresses satisfaction for approval of development applications

Shireburn funds restoration, celebrates 25th Anniversary

Rolex Middle Sea Race: 77 boats and still counting

HSBC and MUBE sign new collective agreement

Computer Solutions forms new Thin Computing strategic partnership

Iceland forced to seek captial injection from Russia

US Central Bank to provide funding to the commercial paper market

The big freeze


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INTERVIEW

Definitive(ly) not a restaurant critic

The Definitively Good Guide Co. Managing Director Lisa Grech would not single out a restaurant and assess it. She’d let the public do that for her. But after almost ten years in the field, she knows a great deal about the restaurant industry in Malta. In this interview with David Darmanin, she talks about perception and objectivity.>>


EDITORIAL
Saying NO to the electricity and water tariff review
The surprise surcharge review is unacceptable to all. It shows to what extent the administration is out of touch with the realities facing the business community and the middle classes. >>


OPINION - George M Mangion
Recession may force oil price to $50
There has been a strong protest from institutions attending the MCESD meeting this month where the proposed new water and electricity tariffs were presented by Minister Gatt. Due to some disarray and prolong disagreements, it is expected that more meetings will ensue so that a happy compromise can be reached to equate the needs and obligations of the industry, hotels, services and last but not least the welfare of employees. >>

 

 

 


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08 October 2008
ISSUE NO. 553

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