Whining and blaming others: the new ‘positive’
The European Commission is to issue excessive deficit procedures against Malta and all the finance minister seems able to do is complain that nobody believes him and that it is somebody else’s fault.
The Times of Malta reports:
Finance Minister Edward Scicluna said yesterday that he had had a phone conversation with the EU Economic and Monetary Affairs Commissioner Olii Rhen on Tuesday and he complained that Malta was not being believed in its arguments – a situation for which he blamed the previous government for not keeping commitments made to the EU.
Well, if nobody believes him, he’s only got himself and his Great Leader to blame. I don’t recall the previous incumbents ever complaining that the EU didn’t believe them.
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We know that they lie, do we.
Seems also the EU knows that; hence why he complained that “Malta was not being believed in its arguments” (please substitute “Malta” by “Edward Scicluna”).
Gvern tal-Bigilla.
Credibility is one of the biggest asset of the previous PN government.
Once the wrong perceptions / doubts start to creep in, both in the international markets and in the EU institutions, there is no turning back of the clock. Credibility will go down in a downward spiral.
Edward Scicluna can impress the simple and non sophisticated locals, but nobody beyond the Maltese shores.
Basta iridha tal-profs u ma jacettax min isejjahlu Mister Scicluna.
It’s been only 2 months of Labour government, and we already have a credibility issue. Time to call Houston.
Houston won’t help, friend. The knives are out.
Houston retired years ago.
She died, actually.
The worst part is, ultimately, the recent recession boils down to a matter of trust. It’s very easy – and a real shame – for all that the PN has accomplished since 2008 to keep us afloat to be pulled down by the PL in less than a year because of their lack of credibility.
Oh, but someone wanted to give them a go because things were apparently bad with foreigners so enamoured with our finances and willing to invest. Shame on you, indeed.
That’s it. Just because they find it so easy to impress the simple and non sophisticated locals, they must have come to the conclusion that they can do the same outside of Malta.
Must be very frustrating to learn otherwise, no wonder all the venom emerging from them, locally of course.
Issa oqghodu wahlu f’xulxin u sadattant ahsbu xiz-zokk ghadna naghmlu niccelebraw Jum l-Indipendenza. Ghax ma niccelebrawx Jum Is-Serf minflok?
Kisser u Ahkem, dak hu l-motto tal-Unjoni. U intom, gifa, tant blajtu ross bil-labra li qas intbahtu li spicca r-ross u qed tibilghu biss il-labar.
X’wahda ghandu fuqu Kev illum.
Lawrence Gonzi warned Edward Scicluna what could happen but Scicluna didn’t want to listen. The next thing for Scicluna is to say that Gonzi is behind this.
Don’t be surprised if he does so. John Dalli was outlining the conspiracy between Barroso and Gonzi to frame him up, on the MLP-friendly PBS news.
I guess that John Dalli will continue with his saga on the TVM news rather than on Super one.
They’re already out with it. They did not mention Gonzi, but someone from the previous government, who underhandedly put Malta in a bad light with the EU.
Joseph and Co must have lost their “positive” somewhere along the way, as all they are doing is uncovering “scandals” carried out by the PN.
Another “clever” move by Joseph? Keeping his dim-wits angry with the PN, that way they won’t realise how incompetent he is?
Cyprus, move over. The new Maltese incompetents want to become your bedmates.
Do you suppose real estate prices will fall? We could buy up half the island and make a fortune, Harry.
Not sure friend. Prices are very sticky downwards here until the banks call the loans. Already begun.
Unfortunately, the Chinese will rush in and scoop up the distressed properties. (required for the new Chinese gas plant workers)
Baxxter, I think we are lost.
So the banks have starting calling the loans. That’s an interesting development. How long did it take for the Spanish economy to implode? Three years? I think we can kiss goodbye to V18 and all that.
http://www.timesofmalta.com/articles/view/20130521/local/scicluna-says-malta-not-being-believed-in-talks-to-avoid-excessive-deficit-procedure.470677
Gonzi criticised harshly Edward Scicluna when he was interviewed by The Times of Malta for letting the EU treat Cyprus differently from countries which “are too big to fail”. Somehow I am seeing Scicluna as being too complacent on this crucial issue. It could be that he’s an academic and never got his hands ‘dirty’.
They promised us that they know what the situation is and that they had a road map, pity that they’re not being trusted.
It all boils down to the fact that the only change in the last PN budget as reproposed by the PL was the ommission of taxes collected by Enemalta. This changed what would have been a positive ending to 2012 finances to a negative one.
No doubt this was done to show the outgoing PN government in a bad light but now it has boomeranged, and in a big way.
Not seeing it coming is, of course, the worse part of it.
Don’t ever forget the Leader of the Movement for Malta Ghall-Laburisti Biss, hasn’t got the gift of foresight. He only notices events after they happen. Heq, give him a chance – he’s been in government for only two months. The trouble is that when matters get really bad we’ll be going down with him.
As for Edward Scicluna, as with most Laburisti and switchers, he must have thought that all the benefits that we enjoyed just fell out of the sky like manna. Now Scicluna is facing the real world and it’s very different to then world of theory and comment.
Doesn’t bode well for a country when its minister of finance isn’t considered credible.
It’s even worse when its government is considered someone not to believe. Greece anyone?
Meantime Dr.Wot the Hack does the only thing he’s good at, hide.
This guy really doesnt know how the international market operates.
If one yells ‘sell’ in the stock exchange, you hear the rest selling just as fast. Once 10 sell, the other 10 suggest their clients to sell, who in turn trigger others to sell… and so forth.
Is this guy chickening out already? Where is the ‘experience’ he was bluffing about on his political mailshots? This is the ‘economist’ that labour has? Whats with all this moaning and groaning…. just like an old-person to attract attention.
Why is he always on the brink of a breakdown during his interviews and press-meetings? It was easier whilst in Opposition… now when it comes to do the REAL work… he’s already wetting his pants.
Amateur.