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Loan Malta Latest Information Updated | Fenech welcomes first step towards EC 'approval' of Air Malta restructuring The Commission says the proposed capacity reduction for Air Malta may not be appropriate to compensate for the distortions of competition created by the state support. Malta—2012 Article IV Consultation Concluding Statement of the IMF Mission Growth in the Maltese economy is moderating and the outlook is subject to downside risks, reflecting the potential for large negative spillovers from the euro area crisis . The policy challenge now is to balance the imperative of maintaining growth and employment against the pursuit of long-term fiscal sustainability while, at the same time, navigating a very difficult international environment. Air Malta headquarters sold for €66.2 million to government Skyparks is touted as a possible new location for Air Malta. Additional reporting by Karl Stagno Navarra. Air Malta has sold its headquarters in Luqa for €66.2 million to the government, the airline has announced. Thousands clamour for return of La Valette’s sword to Malta La Valette’s sword, on display at the Louvre, Paris. The sword was among the treasures taken by Napoleon Bonaparte from Malta in 1798 A Facebook group calling for the return of Grandmaster Jean de la Valette's sword to Malta from France - where it is currently on display at the Louvre, Paris - has accumulated over 4,000 members since it was set up early last year. EU Commission to investigate Air Malta’s eligibility for €130 million state aid for restructuring plan The European Commission said it has opened an in-depth investigation to assess whether a €130 million restructuring aid for the Maltese state-owned airline Air Malta is in line with EU state aid rules. Air Malta at end of March 2011: loss of €34 million, selling its Luqa HQ to move to Skyparks Air Malta said today that it is selling its Luqa headquarters in Luqa to government for €66.2 million. Air Malta will have its head office on a floor in Skyparks business centre of the Malta International Airport. McIntyre eyeing transfer boost Dunfermline manager Jim McIntyre is hoping the club's board can make funds available to allow him to sign experienced midfielder Stuart Duff. Maltese Banking Sector Concerns IMF With public finances being given a clean bill of health, the International Monetary Fund (IMF) in its latest assessment of Malta has warned that safeguards must be introduced to protect the Maltese banking sector. Calendar: A sampling of community activities and events in the Ballston, Ballston Spa, Malta and Milton area for Jan ... Today |
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