Comments on: Malta’s debt is Eur5.5 billion, and the Finance Minister boasts that Eur20 million will “reduce it”

By: H.P. Baxxter

H.P. Baxxter — Sat, 06 Dec 2014 11:51:41 +0000

In reply to john. Just two strata. Or he'd have said "lowest". And if Lino Spiteri is from the lower rung, where does that place the rest of us? At ground level, beneath the ladder?

By: Joe Fenech

Joe Fenech — Sat, 06 Dec 2014 08:25:06 +0000

In reply to Freedom5. Oh, it's a scheme for scoundrels.

By: john

john — Fri, 05 Dec 2014 20:58:33 +0000

In reply to Tabar.

I was intrigued to read in Dominic Fenech’s obituary of Lino Spiteri that his friend hailed from “the lower rung of the working class”.

I never realised that the working class was divided into so many strata.

I suppose Fenech should know.
.

By: Watcher of lies and Muscatian flops

Watcher of lies and Muscatian flops — Fri, 05 Dec 2014 20:47:56 +0000

In reply to edgar. Most probably. People in the know tell me that the IIP is a flop.

By: gaetano pace

gaetano pace — Fri, 05 Dec 2014 20:39:22 +0000

By the time that €20m reaches our treasury, the effects of inflation, discounting and expenses incurred (commissions included) would have eroded a huge chunk of it.

By: kev

kev — Fri, 05 Dec 2014 19:04:37 +0000

In reply to Mike. Oh, definitely, Mike. But then you'd have to add a whole long list and you'd lose them.

By: Freedom5

Freedom5 — Fri, 05 Dec 2014 16:52:30 +0000

Edgar, this is not the sale of passport scheme, but registration of undeclared investments. Apparently another registration scheme was added, towards the end, for undeclared cash.

By: Mike

Mike — Fri, 05 Dec 2014 15:27:25 +0000

In reply to kev. Just add to that the rigged markets and the continuous pursuit of lowering the price of gold. "Currency wars lead to trade wars which eventually lead to world wars". GC

By: metts

metts — Fri, 05 Dec 2014 10:42:13 +0000

Another 274 ingenious schemes like this one and the debt problem is solved.

By: Joe Fenech

Joe Fenech — Fri, 05 Dec 2014 10:18:43 +0000

Don Manwel weighed in. According to his calculations:

20, 000, 000,000 Euros (20 million) – 5.500, 000, 000 (5.5 billion) leave Malta a profit of 19999999994.5 Euros.

Daphne, get your facts right before sullying his reputation and vast intelligence. Xiz-zigg !