Shall we ask Anglu Farrugia how he’s going to deal with this? “Semplici hafna. Cara daqs il-kristal.”
timesofmalta.com, this morning
BRUSSELS WARNS OF LOOMING RECESSION
By Ivan Camilleri
Addressing a press conference in Brussels to launch the autumn economic forecasts, Economic and Monetary Affairs Commissioner Olli Rehn said that the Commission has revised downwards its GDP forecasts for next year, as the European economy is at a complete standstill and the current uncertainty, particularly related to the sovereign debt crisis, is expected to continue to reduce confidence in the economy.
“Unfortunately I have no good news,” he told a packed press room at the Commission’s headquarters.
“Growth has stalled in Europe, and there is a risk of a new recession. While jobs are increasing in some member states, no real improvement is forecast in the unemployment situation in the EU as a whole. The key for the resumption of growth and job creation is restoring confidence in fiscal sustainability and in the financial system and speeding up reforms to enhance Europe’s growth potential. There is a broad consensus on the necessary policy action. What we need now is unwavering implementation. On my part, I will start using the new rules of economic governance from Day one.”
According to the forecasts, GDP growth in the Eurozone this year will reach an average of 1.5 per cent and is expected to fall to just 0.5 per cent next year.
Malta will also be feeling the pinch and its economic growth is also predicted to slow down.
According to Brussels, while Malta is expected to register a GDP growth of 2.1 per cent this year, the economy will slow to just 1.3 per cent in 2012.
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….’tahdem fuqha’
Trid taghfas fuqha.
Karmenu Vella on Dissett, about Joseph’s “novel idea” of the living wage:
“Ma mititx, pero hadd mhu qieghed jaghfas fuqha.”
Hekk qalu dwar Lolita wkoll, meta emigrat il-Canada.
http://www.thetimes.co.uk/tto/business/economics/article3222377.ece
“Some numbers underlining just what a breakup of the eurozone would mean.
For Germany alone, the cost of such a split would be a 3 per cent economic contraction and a loss of 1 million jobs if the euro area were to shrink to a few core member countries, said EC spokeswoman Pia Ahrenkilde Hansen. “It is a huge cost … we cannot allow the eurozone or the European Union to fragment because it would be very much against the interest of the European people as a whole. A slowdown of the deeper integration of euro area is not an option either, given the challenges that we face. But this is an open process, not an exclusive or divisive process.”
EC President Jose Manuel Barroso said in a speech last night that a break-up of the eurozone or the European Union would slash GDP in the union by 50 per cent.”
Issa jasal fi Brussels Joe Cuschieri u jsolvi kollox.
The video exchange between Lou and Anglu Farrugia.
http://youtu.be/2Ds32Ia8qtw
He looks like a student at an oral exam, who hasn’t studied.
What a disgrace…
Issa ha jkollna lil Joseph Messiah Muscat.. Kollox se jsolvi, bi pjan semplici u car.
God please help us.
Let’s console ourselves.
http://www.timesofmalta.com/articles/view/20111110/world/-Burlesque-oni-Latin-lover.393110
Now that he’s happy, maybe he should leave us in peace.
http://www.maltatoday.com.mt/news/2011/1110/pullicino-orlando-divorce-law-promoter-gets-his-divorce
Watching Marlene on Xarabank, I kept thinking “and SHE left HIM?”
What a harpy.
Meta jkollna l-pjan…jien m’inix tekniku…jien insaqsi lill-Primmministru…naghmlu taks fors…
Semplici hafna.
Anglu “mhux tekniku”.
So, to sum it all up, what we are saying on this blog is this:
1. The PL’s TV is chaired by a 40-something-year old teenager.
2. The PL’s internet newspaper used to be edited by a weird cineast and is now edited by the Commies.
3. The PL’s think tank IDEAT is headed by a young elf who’s so bright and smart he got caught red-handed “elving”.
4. The PL might have a Minister who was tied up to a bed by (un)known men.
5. The PL might have a Minister who promotes his own sister to Judge while promoting strange demi-monde ideas about the judiciary.
6. The PL might have a Minister whose involvement with PL-dominated Local Councils brings about the dilation of work timeframes to favour candidates loyal to him.
7. The PL might have a Minister who believes that Marx is the nec plus ultra of philosophical thought (perhaps even better interpreted through Lenin).
8. The PL might have a Minister who believes that the wealth created by the Financial Services Sector does not percolate down to the populace, and the sector is therefore low-priority if not outright disposable.
9. The PL might have a Minister who says yes when she means no, or vice-versa.
10. The PL might have a Minister who’s allergic to long sleeves. The consequences of this on policy are still, to my mind, nebulous at best, but there you are: another weirdo.
11. The PL might have a Minister who was implicated in smuggling, but at the moment he’s busy clandestinely writing the party’s electoral manifesto.
12. The PL might have a Minister who had to resign for improper behaviour, and who has spent all his days in Opposition publishing contracts when wearing one hat and criticising them when wearing the other.
13. The PL has a Deputy Leader who’s experienced virtual close encounters with rubber puppets, who’s socially intimate with a loony journalist, and whose brainwaves have so far translated into utter failures (supermarket, RedTouch, etc).
14. The PL has another Deputy Leader who believes that “taks fors” is bilfors the proper way of referring to a unit specially organised for a task (apart from being a bully when employed by the Police Corps), and that picking up “Pilipino” women on facebook while his boss is delivering an epoch-making speech in Parliament is basically okay.
15. The PL has a Leader who has held a months-long exchange of emails with a female journalist, replete with double entendres and aiming to implant her as his agent in enemy camps.
Well, isn’t the Maltese electorate entertained!
Anglu – semplici hafna.
I just cannot fathom how people vote for these idiots.
It’s obvious, Lilla: because they’re idiots themselves.
Semplici hafna. Cara daqs (dask?) il-kristal. Nsaqsu lil Lolita Pusang. Dik kellha exposure kbira fil-politika tal-Filippini.
Dik kellha exposure kbira, fullstop.
‘Semplici hafna, cara daqs il-kristall’…. zomm… imma fejn hi r-risposta la semplici u cara kristall daqshekk? boq… le le bilhaqq dik mhix importanti. Ivvutalna imbaghad naraw…
He must have had in mind a kristall boll.
U dak lanqas jaf x’inhu l-kristall. Nies bhal dawk fil-plestik jifmhu.
Semplici hafna, cara daqs il-kristal jaghmel tusk force biex jiddealjaw mal-krizi.
M’hemmx ghalfejn, ghax kif jitla’ Joseph, il-krizi jispiccaw minn wicc id-dinja. Nigu genna tal-art. Garden of Eden, b’Anglu Farrugia jdur bit-tuffieha, liebes werqa tas-sigra tal-bajtar.
what a horrible picture.
Won’t people automatically be more afraid to spend their money when such warnings are issued? I really feel that these types of warnings actually hinder the growth of the economy.
F’liema razzett tad-dundjani trabba dan Anglu?
What a turkey!
Maybe Christmas will solve the problem. Complete with stuffing, please.
What’s Labour’s position on the ECB?
Are they for giving it further operational instruments and autonomy making it the European equivalent of the US Federal Reserve, as seems to be the ongoing discussion?
What do they think of greater fiscal integration and sovranational policy making in the Eurozone? To what extent do they think this should be?
Given that all we hear is their proclaimed intention to subsidise energy bills, are they aware this could go against EU competition policy?
Just aksing.
“… are they aware this could go against EU competition policy? ”
No problem. Bazwar ftit minn hawn, bazwar ftit minn hemm, and they need never know.
Bhal ma kien qalu rigward is-sistema li holqu flok il-VAT.
`Semplici u Gusta`.
Lou was brilliant. Well done Lou, polite and forceful.
Anglu was an ass but Lou was an ace.
Daqs Dr. Austin Gatt jaf jittkellem Anglu Farrugia!
Basta Owin Bonnici qalilna fuq Bondi+ l-aqwa li jtir Austin.
Dawn in-nies mhux l-interess taghhom li jirrangaw it-trasport imma li jtir Austin.
Imma possibli li certa nies ma jarawx id-differenza fil-mentalita u l-abbilta bejn in-nies tal-PN u dawk tal-PL.
Ghax ma tantx trid tkun gharef biex tinduna fejn iridu jaslu. Itajru lil Peppi, itajru lil Lou Bondi, itajru lil Austin. X’jonqos?
riya
semplici……cara daqs il kristall
itiru huma……..
Brillanti daqs bozza tal-mija.
It is frightening to think that this man could well be Malta’s next deputy prime minister is frightening.
Placing an ignorant person in a high and influential position is extremely dangerous.