Plenary and Committee Speeches

Panama papers follow-up and the rule of law in Malta

Members of this Parliament wishing to criticise the Maltese government, might say that it has adopted policies with which they disagree. Yet under Dr Muscat’s administration the Maltese economy has reached unprecedented rates of growth at the top of the EU league. It is delivering prosperity to all segments of the Maltese population. Reforms have

Plenary and Committee Speeches

Reflection paper on the deepening of the EMU by 2025

The eurozone still faces two major fundamental problems. Its component parts diverge economically and socially, and divergence is increasing. This allows parts of the system to automatically benefit from the rules of the game, others to lose out. Secondly, the only available mechanism to repair imbalances is internal devaluation. It creates huge social hardship which,

Plenary and Committee Speeches

Social Pillar

The ongoing thrust to put social concerns at the heart of the European project is welcome if belated. Since 2008, the EU has increasingly focussed on the task of reinforcing its economic structures, no matter what the human and social cost. This has fed populist and extremist ideologies. Making the social pillar meaningful is going

Plenary and Committee Speeches

ECON Committee – Covered Bonds

Let me start by thanking and congratulating our rapporteur. He has presented a very good report. And in the run up to it, he organized some very useful meetings with stakeholders that I found interesting. As has already been said, covered bonds are a financial intrument that have already proved themselves over centuries in some