The Prime Minister and the Minister of Finance today had a meeting with senior GWU officials on the situation at ST Microelectronics.

The Office of the Prime Minister said that Dr Gonzi and Finance Minister Tonio Fenech spoke on how the government had been holding talks with the firm for the past two years, and the talks intensified recently in view of the international financial crisis.

They said that Malta Enterprise was continuing to work on attracting new investment to Malta while consolidating what it here already.

The GWU delegation was led by General Secretary Tony Zarb and his deputy Geitu Mercieca.

The government made no reference to reports in Paris that ST will dismiss a total of 1,300 workers from its plants in Malta and Cyprus. It is planning to dismiss 4,500 workers worldwide.

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