• Watch: PM says he will continue to defend Malta after attack on tax system

    Prime Minister Muscat said that there is a lot of jealousy overseas about Malta’s tax system and that is why the island has come under attack. He said that countries like Luxembourg, the Netherlands, and Cyprus also offer tax incentives, adding that the EU had rubberstamped Malta’s system before entering ...

  • End-game pains

    Recent news reports indicate that Greek Foreign Minister Nicos Kotzias sent a letter on April 7 to U.N. Secretary-General António Guterres in which he sharply criticized Espen Barth Eide, the U.N. chief’s special adviser on Cyprus, accusing him, inter alia, of acting to promote the interests of the Turkish side. ...

  • Editorial: Muscat and Schembri's reputations are intertwined

    Prime Minister Joseph Muscat has, whether he likes it or not, tied his personal reputation to that of Keith Schembri.Keith Schembri is at the heart of the Panama Papers scandal, and has been right from the very beginning. The Panama Papers found that Keith Schembri had acquired a company in ...

  • Watch: 'We will publish another five priorities next week' - Joseph Muscat

    Prime Minister Joseph Muscat announced today that he will reveal another five new priorities for a PL government next week.The Prime Minister addressed a lively crowd at a political event held in Rabat this evening. He is on the campaign trail, after having called a snap election. The Prime Minister ...

  • Creating great moments together in Cyprus with Emirates

    Emirates, the Dubai-based international airline that flies daily from Malta to Larnaca and onward to Dubai, is offering a companion fare promotion on flights to Larnaca, Cyprus. Two or more passengers travelling together in Economy Class can benefit from a special fare starting from €198 per person to Larnaca, inclusive of ...

  • Lombard bid for Cypriot bank raises concerns

    Lombard Bank’s intention to bid for a 49.01 per cent shareholding of Cyprus Popular Bank raises financial, regulatory and ethical concerns as well as potentially legal ones, according to sources. The Cypriot bank had to be bailed out during the financial crisis. All its foreign operations were put into the hands ...

  • Editorial: Justice with the Justice Scoreboard

    It is rather unfortunate that when ministers or government officials report on reports by international organisations, such as the EU, they tend to give their take on the report in question but they do not, as a rule, provide the link to the report in question.The public is thus left ...

  • Lombard Bank makes bid for Cypriot shares

    The board of directors of Lombard Bank has submitted a bid for the 21 million shares held in the bank by Cyprus Popular Bank, saying that this would be “in the interest of the bank and all its stakeholders”. The sale process was announced almost a year ago and is already ...

  • Lombard share price reaches 6-year high

    The share index closed virtually flat today at 4,716.327 points as the 2% gain in the share price of Lombard offset the 3.1% decline in MIDI. Meanwhile, four other shares remained unchanged. Trading activity improved to a four-day high of €0.26 million. Eight deals totalling 25,883 shares lifted the equity of Lombard ...

  • Breakthrough on Greece bailout could be reached tomorrow in Malta

    A breakthrough on Greece’s difficult bailout talks could be reached tomorrow in Malta, at a meeting of the eurogroup. The finance ministers of members states that use the euro currency will be meeting in Valletta tomorrow morning, where they will also discuss growth and jobs, the banking union and the ...

  • Cyprus-Malta: competition, cooperation on passports

    The debate over Malta’s citizenship-by-investment programme may have subsided in recent months, but on another small Mediterranean island, the same scheme is facing similar criticism – and a similar defence by the authorities. The programme introduced by the government of Cyprus in 2013, originally as a temporary measure in the face ...

  • Ronaldo hits 70 international goals, Dutch stunned in World Cup qualifiers

    While Cristiano Ronaldo kept moving up Europe's all-time scorers list on Saturday, a demoralizing loss to Bulgaria endangered the Netherlands' World Cup qualification.With two goals in Portugal's 3-0 win over Hungary, Ronaldo moved into fourth place on the all-time scorers list for European nations.Ronaldo's 70 in 137 appearances trail only ...

  • Human rights violations in DRC up 30 percent in one year

    Source: UN Human Rights Council Country: Democratic Republic of the Congo, Sri LankaThe increase could be explained by two factors: violations related to restricting democratic space and the resurgence of activities of several armed groups, the Human Rights Council heard.Human Rights Council MIDDAY 22 March 2017 The Human Rights Council in its midday meeting ...

  • Updated (7): Terror in London - 5 dead in vehicle, knife attack near British Parliament

    A knife-wielding man went on a deadly rampage at the heart of Britain's seat of power Wednesday, mowing down pedestrians on London's Westminster Bridge before stabbing an armed police officer to death inside the gates of Parliament. Five people were killed, including the attacker, and about 20 others were injured.Lawmakers, lords, staff ...