Commission says Malta's deficit reduction efforts 'effective'

Galea. L

Jan 28th 2010, 07:32

Gianninu
Under a socialist government minimum wage and working conditions are guaranteed.
Under PN and right leaning regimes and their forms of capitalism the workers are exploited and their wages and working conditions eroded both through actual reductions and also through not enough compensation to make good for the cost of living. Ask the workers for as they say staqsi lill-imgarrab mhux lit-tabib.

Gianninu Saliba

Jan 27th 2010, 17:19

I'm surprised that Mr. J. Bonello does not believe that financial disasters are created in just five years. Where was he when Alfred Sant was Prime Minister? Does he know that Malta's supplies of all essentials came to an end within one year of Dom Mintoff becoming Prime Minister in 1971? Has he heard the term "business confidence"? Surely he must have noticed (as I believe that he is a learned man) that whenever a Socialist Party came to power, (anywhere in the world), there and then business confidence was lost. This is mainly the reason why Socialist Parties all over the world claim that Business are anti Labour. However the truth is that Labour's policies rub Business the wrong way. They want to extract every drop of blood (money) out of Business. Thus private enterprise is discouraged in investing in the country's future under a Socialist regime.

Joseph Bonello

Jan 27th 2010, 16:20

To G. Saliba

Just one minor clarification on what you stated. The Parliamentary elections were only held in Greece on 4 October 2009 and before that there was a conservative Government led by the New Democracy Party (centre right) which governed for two consecutive terms i.e. since 2004. Thus, the mess Greece finds itself in now was also partly created by the the centre right Government.

Neverthless, it is pertinent to say that the declining fiscal position Greeece found itself in could only have been the result of government mismanagement, including the 103%+ public debt to GDP ratio which Karamanlis(former Greek PM) himself inherited from the previous PASOK (Socialist party) regime. So its is pretty much a vicious circle and I feel that it is unair to point fingers at one party or the other.

Afterall Spain was governed by Aznar (former PM) and the centre right up until 2004 and I don't think these sort of financial disasters are created in just five years.

The British case is slightly different and I agree with you that consecutive Labour adminstrations have created this mess, it is also true that the financial sector in the UK is very developed

Gianninu Saliba

Jan 27th 2010, 15:01

To all those who had something negative to say about the Government in the other article headed "EU to give Malta extra year to narrow the deficit" all I have to say is "Sorry brothers, but you and your Joseph were wrong again". To our dearly beloved Dr. Gonzi I say: "Well done, keep it up, show the little kid that he is still taking his first steps and he is miles away from political maturity. Thank you for taking effective action to rein in the deficit. Thank you, Dr. Gonzi for making sure that Malta was just bruised but not seriously injured like Greece, Spain and the Uk... can you believe it, the three of them have a socialist government".

Jimmy Magro

Jan 27th 2010, 14:03

Good Luck Malta

laurence schembri

Jan 27th 2010, 13:42

Hence the E&W hike.