Opposition fails to realise China deal has saved jobs – PM
Joseph Muscat says Opposition leader ‘increasingly isolating’ himself with his objections to the Enemalta deal signed with China.
The Opposition leader was failing to see that the deal signed with China would save jobs at Enemalta and create new ones, according to Prime Minister Joseph Muscat.
Addressing the annual general meeting of the Dingli Labour Party club, Muscat also accused Simon Busuttil of "thriving" on the downgrade of Malta's credit rating by Fitch - the first in five years - insisting that while "others rejoiced, the Labour government received the message loud and clear".
"What they seem to have not realised is that the downgrade follows the increased deficit reached by the previous administration... and we are working on it," Muscat said.
Reiterating that Enemalta was the albatross around Malta's neck, the Prime Minister said the Chinese memorandum of understanding will help address the €840 million debt.
"Increasingly isolated on his objection to the deal, the leader of the Opposition is the only one who has not realised the agreement will safeguard the workers' jobs and create new ones," he said.
In a dig to the PN's closing song choice after Busuttil's speech yesterday evening during the Independence Day mass meeting, Muscat said it was no wonder their choice had been 'Wake Me Up' [Avicii].
"They said 'wake me up when it's all over'... they want to sleep until we are done. Busuttil can sleep as long as he wants but we will get our job done," Muscat quipped.
He also said that yesterday's official ceremony marking Independence Day was in itself a historic moment where, for the first time, a leader of the Opposition joined a Prime Minister and a President in the ceremony.
Muscat also rebutted the Opposition's claims that the Chinese agreement - which will see Shanghai Power Electric acquiring a minority shareholding in Enemalta - was negotiated behind people's back.
"We now have six months of negotiations and will be subject to parliamentary approval," Muscat said, recalling that the sale of Mid-Med Bank had been riddled with secrecy.
The Prime Minister noted that, contrary to the Mid-Med Bank which had been profitable, the Labour government has today succeeding in taking in a strategic partner to invest in a company which was making losses.
"Enemalta and energy can finally become a growth sector, turning the economic wheel. How was the Opposition going to address this situation? Based on its past record it would have raised utility tariffs... or was it planning on laying off the workers like it did with its printing press?"