A footnote in PN's history


That Malta's economy is doing well is undeniable.  Testimony is the strong and consistent economic growth, balance of payments surplus, strong government finances, falling public debt to GDP, low unemployment and job vacancies that cannot be filled.



Show us the new way!

The positive state of affairs is certified by international rating agencies who regularly up their opinion about Malta's economic position and prospects, by the IMF and by EU organs. Malta's success is also being noticed by its competitors who envy our state of affairs and will miss no opportunity to challenge our advantages believing that our loss would be their gain.   This is the reality of the competitive world we live in.

Competitors obviously notice that Malta's success is built on these foundations:

• Political stability, serene way of life and a beautiful and efficient place where to do business
• Tax system which gives advantages to investors
• Strong success in tourism and attractive residency/citizenship schemes

All these factors lead to influx of foreign investment, flourishing property ownership and rental market, and creation of new economic niches like international gaming, medical and educational tourism, financial services and back office operations and a next big challenge to become a recognised international centre for fintech and blockchain technology.   Economic growth generates wealth and substantial revenue flows to government that permits not only maintaining strong public financing but offering a social structure ( in terms of free universal healthcare, generous schemes for care of the elderly,  free - and compensated- education up to tertiary level and beyond) low tax rates and strong investments in infrastructure development.

It is therefore not surprising that the brutal murder of a Maltese blogger/journalist, irrespective of her considerable strengths, gross weaknesses and total absence of objectivity in her political assessments, has brought together foreign interests who consider it an unmissable opportunity to weaken Malta's advantages.   Through DCG's murder these competitive forces assume that Malta can be depicted a place where criminal gangs operate with impunity rather than a serene place where to live in security, our tourism will suffer, residency and citizenship would lose their attraction, foreign investment gets scared away irrespective of fiscal advantages, and the economy will see its strong foundations crumble.

These are not insurmountable challenges, no matter how unfair they are.  First hand experience of investors remains strongly positive and will not be structurally challenged even if doubts unavoidably emerge in the immediate impact of such skin deep fake razzmatazz.   Word of mouth recommendations  and sharing of first hand experience are what ultimately drives behaviour of tourists and decisions of investors.   What is needed from our end is calm, belief in our own resources and unity of purpose to expose and bring to justice those who in silencing DCG have in fact opened an attack on us all.

It is therefore very condemnable that in the state of confusion that the PN opposition finds itself in, those factions that were humiliated by the electorate's verdict of last June, see in the DCG murder an opportunity to exculpate themselves from their responsibilities.   They create  fake scenario of collapse in the rule of law in an attempt to regain control of the PN to further their personal ambitions, without any regard to the broad electorate's decision of last election and the PN membership decision to elect Dr Adrian Delia as their leader.

In so doing such factions, putting their personal ambitions before the national interest,  are teaming up with foreign interests to weaken the economic base for our economic success and standard of living. Those who want this or that to resign without good reason have no other purpose but to render the country ungovernable knowing well that their proposals for 2/3rd parliamentary approval for executive positions is both impractical and so unreasonable that such practice is not in operation in any democratic country.

Delia has been given one hell of a chance to prove his leadership qualities and to put into practice his new way.   In appeasing the factions that are trying to build a fake scenario for their exculpation and return to the old ways,  Delia is showing that he does not have what it takes to be a prospective national leader.   He either mends his ways or he should  go back to his profession before the vultures feed on him and consign him to a footnote in the PN's history.