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Tonio Borg may have ended his term in Brussels two years ago but he is one of 16 former European Commissioners benefitting from a lucrative transition allowance. He was mentioned in a list drawn up by the Brussels-based online news portal Politico as still benefitting from the allowance that tots up ...

Many of the world’s major banks who have their European headquarters in Britain are preparing to move some of their operations out of Britain in early 2017 due to the uncertainty over the country’s future relationship with the Europe.The UK financial sector employs more than 2 million people and makes ...

Italian film director Gabriele Salvatores is in Malta to shoot scenes for his new film, “The Invisible Boy 2”. Salvatores is famous for a number of films, including Mediterraneo, which won the Oscar for Best Foreign Film in 1992.This new film is the sequel to “The Invisible Boy”, a film ...

White Rocks Development Company, a consortium made up of a number of local and foreign companies, is the preferred bidder for the re-development of White Rocks, a spokesperson for the Ministry of the Economy confirmed.Back in May, The Malta Independent had quoted well-informed sources and revealed that WRDC are the ...

The Malta Developers Association said it supports the request made by a coalition of NGOs for an increase in the minimum wage. The MDA also agrees that the time has come for a revision of the mechanism by which the cost of living allowance (COLA) is worked out so as ...

Former Prime Minister Alfred Sant told the European Parliament in Strasbourg that it is up to the Iranian people to decide about their national systems and emphasised that the European Union should not repeat its mistakes in Iraq and in Libya which were disastrous for both countries and for Europe. ...

Vitals Global Healthcare Director Ram Tumuluri has told The Malta Independent: “I have never had a company that went bankrupt”. Recently reports in the media said that a company previously run by Mr Tumuluri called  Ayurcare International Inc. had declared bankruptcy after trading for three years. “I’ve never had a ...

A car bomb attack in the largest city in Turkey's mainly Kurdish southeast region killed eight people Friday, hours after authorities detained at least 12 pro-Kurdish legislators for questioning in terror-related probes.Prime Minister Binali Yildirim said two police officers, a technician and five civilians died in the attack near a ...

 The Office of the Prime Minister said that no one should count on the opposition to be able to interpret statistics, according to statement released replying to the Nationalist Party's allegations that the Economic Survey statistics provided by Minister of Finance Professor Edward Scicluna were unreliable.The statement pointed towards the ...

While delivering a speech at the Malta Institute of Management's 'VAT and EU Conference', Minister for Finance, Prof. Edward Scicluna stated that the VAT system can be improved on account of its shortcomings in three particular areas.Minister Scicluna retained that today, VAT is not responsive enough to the shifting landscape ...