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 The Malta-EU Steering and Action Committee (MEUSAC) in collaboration with the Malta Environment and Planning Authority (MEPA) will be organising a consultation session on MEPA's proposal for an Environmental Permitting System with the aim of improving the current regulatory framework applicable for industrial activities of environmental significance. The proposed environmental permitting system will cover in particular:

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 Vince Farrugia-GRTU DG & EESC Employers Representative - When the global economic and financial recession first hit Malta in 2009 Malta was saved from greater economic damage as a result of a combination of four elements. In the pre-recession period when the World Economy was awash with speculative money that was pouring in those economies that did not block the flood waters like Ireland, Greece, Portugal and Spain, Malta had in force monetary and legislative firewalls that prevented this kind of money to reach us.

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 Gas Distributors are abliged according to the Social Contract approved by Governmenmt  to provide door to door distribution of LPG Gas Cylinders everywhere in Malta and Gozo and to the exclusion of no consumer irrispective of distance or any other hindrance. Under this obligation Gas Distributors  are also obliged to sell gas at the price established by the Malta Resources Authority according to a price methodology  established by the same Malta Resources Authority in June 2010. The approved mechanism also provide for price increases necessary when basic costs of distribution vary when taken as a national average.

 

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 'Considering the eurozone is likely to go into recession in 2012, what measures should the government and stakeholders take to ensure economic growth and job creation next year?' - When the global economic and financial recession first hit Malta in 2009 Malta was saved from greater economic damage as a result of a combination of four elements. In the pre-recession period when the World Economy was awash with speculative money which was pouring in those economies that did not block the flood waters like Ireland, Greece, Portugal and Spain, Malta had in force monetary and legislative firewalls that prevented this kind of money to reach us. In the property market the only speculative moneys that moved in where the substantial funds owned by Maltese who previously, fraudulently,  evaded  income and other taxation  and foreign exchange controls, and which funds  were then allowed in under that horrible Tax, and I say,  fraud, Amnesty. Otherwise the fact that we managed relatively well with our own local funds ensured that while we were not subjected to exceptional international pressure we could also manoeuvre out of the recession relatively unscathed.

 

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