Government announces €75m stocks issue - with option for extra €25m

M. Catania

Mar 4th 2009, 12:32

@Joe Vella

I made that comment with a pinch of salt. Of course, you are right in your comments. I would worry if the Maltese cumulative debt would have been with overseas markets.

Joe Vella (Melleha.)

Mar 2nd 2009, 21:42

@ M. Catania, Colin Camilleri & Joseph Casha

The only thing that is bankrupt in Malta is Joseph Muscat and the PL mentality.

Come Monday, the Maltese people will show the confidence in the Government by once again oversubscribe to the stock issue.

I would worry, if the Government whet on the oversees markets to do the borrowing. But once again, Joseph Muscats, the PL and the blindfolded cheerleaders wouldn't know the difference.

Joseph E Briffa

Mar 2nd 2009, 21:00

it seems these bloggers are either bent on alarming the public or they simply don't have any idea how things go. Government had some time back already announced that every two months in 2009 beginning with March it will be issuing stocks as is done every year partly to cover the repayment of the stocks that have matured. These bloggers are crying wolf when they should be thankful that goverment is providing a means for one to invest one's savings in a secure way and get a 3.6% or 5% return. Interest on money in the banks is attracting less than 1%. Interests from these stocks will be saved or spent thereby boosting the local economy.

Nigel Lawrence

Mar 2nd 2009, 20:36

a bit more for the government debt.

M. Catania

Mar 2nd 2009, 19:26

Mela fiex gabna Gonzi, sinjal ta' pajjizz fallut!!Ma x'biza!!!

Colin Camilleri

Mar 2nd 2009, 19:23

Government in dire financial straights. Are these the signs of a bankrupt country?

Joseph Casha

Mar 2nd 2009, 17:33

Getting ready to pay up the €50 million in VAT returns :)