German line hardens after Greek referendum 'No'
The German government signalled a tough line towards Greece today, saying it saw no basis for new bailout negotiations and insisting it was up to Athens to move swiftly if it wanted to preserve its…
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Remanded over burglary
A 49-year-old unemployed man from Cospicua has been remanded in custody after pleading not guilty to a burglary from a house in Mosta. Alfred Attard denied forcing open the front door to the residence of…
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Edward Scicluna: Greek finance minister's departure will help; puts crisis in perspective
The resignation of Greek Finance Minister Varoufakis this morning ‘does help a lot’ Finance Minister Edward Scicluna said in an interview today. In an interview on Bloomberg Business, Prof Scicluna said negotiations were done by…
Isle of MTV tomorrow – next year's concert on June 28
Next year’s Isle of MTV concert will be held on June 28, Tourism Minister Edward Zammit Lewis announced this morning. He was speaking as he toured the stage and facilities on the granaries in Floriana…
Malta, China, to exchange information on intellectual property laws
Malta has signed a memorandum of understanding on intellectual Property with China’s State Intellectual Property Office. This will see the two countries exchange information and good practices on Intellectual Property. The MOU consists of a…
EU 'must rebuild fish stocks'
Europe is consuming more fish than its waters can provide, leaving it reliant on other parts of the world to supply almost half its seafood, a study has found. If the European Union was to…
Conditions for new talks with Greece not yet met, Germany says
A German government spokesman said today that the door for negotiations with Greece was open, but the conditions for such talks were not yet met. “The government takes notice of the clear ‘No’ vote and…
SX5E: Top equity performers in H115
The Euro Stoxx 50 (SX5E) is a widely used benchmark for European equities. The index returned 11.73% to investors in the first six months of the year. This is lower than that 17.93% returned to…
Strong tourism performance in May
Tourist arrivals in May reached 177,895, an increase of 5.5 per cent compared to the corresponding month of 2014. Excluding the passengers who stayed overnight on board their berthed cruise ship, total inbound tourist trips…
Shares fall on Greek vote
Shares have tumbled after Greece’s voters vehemently rejected conditions set by the country’s international creditors, deepening doubts over its future in the 19-nation eurozone. Greece’s debt problem has long overshadowed the markets and with a…