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Malta's economy

GuestPoster566

Well, that's all right then. So glad the French are happy!! :rolleyes:

Mr Hollande was very categorical that Malta is a haven but a cultural, touristic and economic haven, not a tax haven. He was satisfied Malta has a strong banking system,”

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Toon

is it really as strong as they say - am certainly not sure of that at all

GuestPoster566

Must be, the French say it is ;)

rainbow3

You are looking very young today Mick, have you been using a new moisturiser? :D

Toon

still looking grumpy tho - nice hat - shame about the colours

SMeddie

Could be true ...

Data from Eurostat is positive on Malta's GDP hence economic growth!

Here:-

Thanks
Meddie

john2011

Hollande's opinion is not worth a dog's yawn. How is the banking system in general, not safe anywhere.

Darlin

He is probably hiding some of his revenues in Malta like his minister Cahuzac was hiding his fortune in Switzerland :D

GuestPoster566

Ooops! Someone missed the irony in my first post.

GuestPoster566

Times of Malta Saturday.

Hollande ‘may not help Malta’

An architect of Malta’s regulation on financial services yesterday questioned whether comments made by François Hollande were actually beneficial to Malta.
Addressing a Finance Malta conference, Anthony Fisher said the fact the French President felt the need to say Malta was not a tax haven gave a perception that it was.
Mr Hollande made his comments during a joint press conference with Prime Minister Joseph Muscat in Paris earlier this week.
Making it clear the Maltese financial system was not comparable to Cyprus, Prof. Fisher warned attacks on MaltaÂ’s reputation, particularly in the international media, were set to increase.
“You have to be aware that the more successful Malta is in the financial sector, the bigger the attacks expected,” he said.