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ECB president echoes Janet Yellen’s call to stick with post-crisis financial reforms

Foreign direct investment in Malta stood at €161.4 billion at the end of 2016, an increase of €9.5 billion compared to the previous year, while direct investment abroad amounted to €62.1 billion. According to NSO figures published yesterday, financial and insurance activities contributed €158.2 billion or 98 per cent of all ...

Appointing a 25-year-old minister's daughter a Commissioner for Justice is an assault on Malta's democracy and an example of unshamed disrespect for its justice system, three NGOs have said.  In a letter addressed to the Prime Minister, aditus foundation, Integra Foundation and the Critical Institute called on Martina Herrera, whose father Jose' ...

A "populist" proposal to not pay workers for their first day of sick leave would unduly punish genuinely sick employees and was "not acceptable by any standard," the bankers' union has said.  In a statement, the Malta Union of Bank Employees slammed employers' lobby group the Malta Employers Association for raising ...

Over 8,000 trees will have been planted by the end of the year through a national afforestation initiative, Environment Minister Jose Herrera said yesterday.Speaking in Wied Blandun, Fgura, the minister said the government understands the importance of planting more trees around the country to improve the environment.These indigenous trees are ...

Three NGO’s have blasted the appointment of the Environment Minster’s daughter to the post of Commissioner for Justice, saying, in an open letter to the Prime Minister, that her appointment is “an assault on our democracy, and stands in stark contrast to the meritocracy promised by this Government throughout the ...

PN leadership contender Adrian Delia today filed a second libel case against blogger and journalist Daphne Caruana Galizia over claims of an offshore account. Delia insists that he has never had and does not have personal monies or accounts abroad. Yesterday he filed his first libel suit against Caruana Galizia ...

It was the wedding that captivated the world. Lady Diana Spencer said "I will" to Britain's Prince Charles, becoming Princess of Wales and bringing fresh youth and glamour to Britain's royal family.Now, 36 years later, The Associated Press has restored original footage from the July 29, 1981, wedding and is ...

Between 27 and 45.8 million individuals worldwide are trapped in some form of modern-day slavery. The victims are forced into slavery as sex workers, beggars and child soldiers, or as domestic workers, factory workers and laborers in manufacturing, construction, mining, commercial fishing and other industries.Human trafficking occurs in every country ...

In January-July 2017, Government’s Consolidated Fund registered a deficit of €105.0 million, the NSO said today.Government Finance Data: January-July 2017Compared to the same period last year, recurrent revenue registered an increase of €253.6 million whereas total expenditure went up by €217.6 million. This resulted in a positive change in theGovernment’s ...