‘Unacceptable that we have just one vote like Malta in ECB’ – German MPs tell Merkel
Several MPs within German chacellor Angela Merkel's coalition are demanding radical reform of the European Central Bank's voting structure to strengthen Germany's influence.
Chamber says union proposals on public contracts ‘dubious and discriminatory’
Employers hit at out at GWU calling for government contracts to be awarded only to companies whose employees are covered by collective agreements.
EU finance ministers back 'simpler' Europe-wide VAT system

The EU’s economic and financial affairs council expresses support for an EU...

The EU’s economic and financial affairs council expresses...

Malta fends off German request for slower release of EU funds

Malta joins 11 member states in petition against German, Scandinavian requests...

Malta joins 11 member states in petition against German,...

Lombard Bank major shareholder in refinancing talks due to Greek exposure

Cyprus’s Marfin Popular Bank, which owns 48.9% of Lombard Bank, in talks for €1.5 billion in capital buffer.

Cyprus’s Marfin Popular Bank, which owns 48.9% of Lombard...

Money market report

Money Market Report for the week ending May 11, 2012

Money Market Report for the week ending May 11, 2012

Spain unveils major financial reforms

The Spanish government is to force its banks to take on an extra 30 billion euros of capital to cushion themselves against loans going bad.

The Spanish government is to force its banks to take on an...

Air Malta launches international campaign for Selmun Hotel divestiture

Airline spearheads sale of Selmun Palace with local and international advertising campaign.

Airline spearheads sale of Selmun Palace with local and...

JPMorgan reveals shock $2bn trading loss

JPMorgan Chase, the biggest US bank, reveals surprise trading loss of $2bn on complex investments made by its traders.

JPMorgan Chase, the biggest US bank, reveals surprise...

Reorganisation to lead to leaner Corinthia Hotels International

International Hotel Investments says management arm registers marked...

International Hotel Investments says management arm...

Malta Business Bureau announces new president

Grant Thornton advisory head George Vella is new president of Malta Business...

Grant Thornton advisory head George Vella is new president...

Buoyant economic forecast for Fenech, who accuses PL of endangering economy

Finance Minister says European economy forecasts positive for Malta, but accuses Opposition of painting negative picture.

Finance Minister says European economy forecasts positive...

Dutch aviation refitters bring €22 million operation to Malta

Dutch company Aviation Cosmetics bringing €22 million operation to Malta from...

Dutch company Aviation Cosmetics bringing €22 million...

MIA’s SkyParks with 70% confirmed occupancy

‘Malta Airport’s diversification strategy paying off’ – CEO Klaushofer

‘Malta Airport’s diversification strategy paying off’...

Rachel Vella awarded the Economic Update’s Top Entrepreneur Award (15 to 20 years in business)
Banif Staff Rally together for Puttinu

Banif staff members willingly gave up some of their free time for a worthy cause – the Puttinu Cares Football & Volleyball Marathon.

Banif staff members willingly gave up some of their free...

Qawra land transfer sweetens GO shareholders’ bitter pill

Greek fiasco leaves GO shareholders without dividend, but new €50 million...

Greek fiasco leaves GO shareholders without dividend, but...

Air Malta, consultants say CEO never held beneficial interest in Catalise

Catalise consultants running Air Malta say it was Peter Davies who introduced them to the board, “following rigorous assessment of credentials”.

Catalise consultants running Air Malta say it was Peter...

Gozo business up in arms over Mellieha closures

Chamber calls on Mellieha council to reverse decision to close access to...

Chamber calls on Mellieha council to reverse decision to...

Registered businesses in 2011 rise by 2.8%

Limited liability companies represented 32.2% of all business units in 2011.

Limited liability companies represented 32.2% of all...