MEA call on government to reverse ‘reputational damage’ caused by IIP
The Malta Employers’ Association calls on government reconsider citizenship scheme following European Parliament vote.
Noting that the European Parliament resolution which held that EU citizenship must not have a "price tag" attached to it caused Malta considerable reputational damage, the Malta Employers' Association reaffirmed its reservations on the government's citizenship scheme.
The Malta Employers' Association stressed that it is in favour of any initiatives that can attract investment and create jobs in Malta provided that such projects do not compromise the performance of other sensitive economic sectors.
"There is no question that the EP vote has caused Malta considerable reputational damage which could have been avoided had there been prior consultation with the social partners to agree on a design which would not have caused international controversy," the association said.
It noted that following the latest developments, it was "more concerned than before due to the common front against the scheme by all political forces within the European Parliament and the Commission, and the possible negative consequences which this situation can have on the economy in the future."
It called on government to attempt to reverse this reputational damage by consulting with other political forces and the social partners in Malta to seek a way whereby the scheme can be re-designed to be compatible with criteria which are acceptable to the EU.