The country’s debt measured according to European criteria increased by a record amount since Malta became an EU member, Opposition leader Simon Busuttil said this evening.
Speaking on Dissett, the Opposition leader said NSO figures published some days ago and European criteria in line with the Maastricht Treaty showed that the country’s debt in Labour's first year increased by €370 million.
Never had Malta’s debt increased so much for as long as it had been a member of the EU, he said.
Dr Busuttil said that, using the same criteria, the country’s debt in the first six months of this year continued to grow and increased by €518 million.
During the programme, Dr Busuttil answered questions on the proposed 58c weekly increase, party financing and the renewal process within the Nationalist Party.
The Nationalist Party sent the following links to official statistics.
Maastricht Criteria end-yearly debt showing increase of €370 million in public debt in 2013 (pg 2).