Edward Scicluna is set to resume his responsibilities as Governor of the Central Bank of Malta and as a member of the Governing Council of the European Central Bank (ECB), following a formal request he submitted to Prime Minister Robert Abela and Minister for Finance Clyde Caruana.
The Prime Minister held consultations with the ECB, which, as an independent institution, raised no objections to Prof. Scicluna’s request.
This morning, Dr Abela updated the Cabinet of Ministers on the latest developments. The Cabinet responded favourably to Prof. Scicluna’s request to return to the post.
The Cabinet also expressed its appreciation to Deputy Governor Alexander Demarco, who had taken on the role of Acting Governor of the Central Bank of Malta in recent months.
Prof. Scicluna has a longstanding career in both national and European institutions, having served as Malta’s Minister for Finance and as a Member of the European Parliament, prior to being appointed Central Bank Governor in 2021.
Airline costs ‘likely to remain under pressure’ – KM Malta Airlines’ David Curmi
Pressures can be mitigated through greater operational efficiency, among other things, he says.
‘We are so focused on efficiency that we lose experience’ – Mauro Miceli on iGaming redundancies
Mauro Miceli questions the drivers behind iGaming’s latest redundancy wave, from AI and rising costs to margin pressure and lower-cost ...
Marina Di Valletta hosts massive 106.7m Black Pearl superyacht
The superyacht has a dancefloor, a movie theatre, underwater lights, a beach club, a gym, and a deck jacuzzi.
‘More than a business leader’: Hamilton Travel pays tribute to Norman Hamilton
Norman Hamilton set up the travel agency Hamilton Travel in 1992.
