Forgot Password ?
News

REFINE 

YOUR SEARCH

DEAL   TYPE

PRICE   RANGE

LOCALITY

DATE   AVAILABLE



PROPERTY   CATEGORY

PROPERTY   TYPE

ADDITIONAL   FEATURES

MORE   FEATURES

REFERENCE   NUMBER  

(If Any)

CLEAR SEARCH
SEARCH

REFINE 

YOUR SEARCH

DEAL   TYPE

PRICE   RANGE

LOCALITY

You can choose more than one option

DATE   AVAILABLE



PROPERTY   CATEGORY

PROPERTY   TYPE

Why Malta is different to Cyprus

Read Lino Spiteri’s comments and views regarding the recent Cypriot crisis and how Malta is different to Cyprus. The Article appeared in The Times of Malta, Business Section dated 28th March, 2013.

  Lino Spiteri begins his article with “It should be shouted out loud: Malta is not Cyprus”. Other than that they are both Islands  and members of the EU, Lino Spiteri Goes on to explain how the current crisis  in Cyprus has no bearing in Malta and that there is no reason or need for current ripples or as Lino Spiteri claims “jitters some people are experiencing”.   It goes on to explain how Greece and its situation was bound to have an impact on Cyprus due to Cypriot banks lending to commercial interests in Greece and investing in Greek sovereign Bonds. Both islands have been promoting themselves as financial centres, yet the models could not be more different.    Lino Spiteri goes on to explain just how different our situation is and reasons as to why. Click here to read the full article.     Other Related Articles:   Don’t compare Malta to Cyprus – Bank Chief Wednesday, March 27, 2013 by Kurt Sansone, The Times of Malta   Resemblance with Cyprus is ‘superficial’ Central Bank Governor Josef Bonnici has dismissed as “misleading” any comparison between Malta’s banking system and that of Cyprus.   The problems facing Cypriot banks included losses made on their holdings of Greek bonds. Prof. Bonnici said the size of the Maltese banking sector relative to GDP was strongly influenced by a number of institutions that “virtually had no economic or financial links with the economy”. Read More     Cyprus bailout may shake trust in banks An ‘eye-opener’ for investors Tuesday, March 26, 2013 by Kurt Sansone, The Times of Malta.   Cyprus yesterday secured a last-minute bailout deal but the messy run-up may have challenged the perception that bank deposits elsewhere are a safe investment, according to a retired banker.   With a mentality of keeping money under the mattress still prevalent in sections of the population, the negative perception will not help. Anthony Curmi, a former Barclays and Mid Med Bank general manager, ruled out the Cypriot crisis having any effect on Malta but insisted the levy on bank deposits proposed initially may have stoked concern. Read More