Press Releases

DIFFERENT PLANS FOR WINDING DOWN FAILED EUROZONE BANKS

Elke König told Maltese MEP Alfred Sant that smaller and less complex banks compared to the big international banks will not be subject to the same plans of a new body which will be responsible for winding down failed Eurozone banks. König was addressing the Economic and Monetary Affairs Committee of the European Parliament when

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‘THE ARAB SPRING NOT A FAST TRACK FOR ADOPTION OF EUROPEAN VALUES’

Alfred Sant said it was an illusion to think that the Arab Spring was a fast track towards the adoption of ‘European’ values by Arab countries. “European” values, even the most fundamental one of human rights, cannot simply be exported. They can only be assimilated in a dialectical manner, subsumed and altered in the culture

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SANT ASKS EC WHEN IT WILL EVACUATE 1700 EMPLOYEES EXPOSED TO ASBESTOS

Maltese Europarliamentarian Alfred Sant has asked the European Commission whether a definite date has been decided to move out 1,700 employees from the Jean Monet Building in Luxembourg, 50 of which are Maltese Nationals. These employees are directly connected to the presence of asbestos after it had been establised that a large amount of asbestos

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ALFRED SANT ON THE NEED TO CREATE NEW JOBS

The persentage of newly created jobs in the European Union by Small and Medium Sized Industries (SME’s) is on the decline. At present this amounts to 85%. This information was given by European Commissioner MarianneThyssen when reacting to a statement on the subject by Maltese MEP Alfred Sant during the Monetary and Financial Committee of

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MOSCOVICI AND SANT ON BOLSTERING INVESTMENT IN THE EUROZONE

European Commissioner Pierre Moscovici said that the European Commission needs to analyse how the fiscal capacity in EU countries can be developed to create private and public investments. Moscovici was reacting to the Maltese Europarliamentarian’s comments on whether the positions adopted by the European Commission reflect the good of the Eurozone as a whole, or

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SANT TELLS EUROPEAN PARLIAMENT NOT THE TIME FOR INCREASING LOAN CHARGES

Labour MEP Alfred Sant warned that now is not the time for increasing loan charges or for banks to reduce lending. In an explanation of vote delivered during the last plenary meeting of the European Parliament in Strasbourg, the Maltese Europarliamentarian declared that in the changes being introduced to implement the European Banking Union, greater