Making comparisons with neighbouring countries, the CEO explains that 500 new cases in Malta is the equivalent of some 60,000 cases in Italy, drawing parallels between the country’s dire situation last year compared to a more controlled 20,000 daily infections today.
Drawing on WorldBank statistics, Mr Azzopardi adds, “Malta has 4.5 hospital beds per 1000 people and Italy has 3.1 beds for every 1000 people. See the tragedy hovering? Malta is sliding down a slippery slope.”
Calling for discipline ahead of yesterday’s newly announced measures, the CEO continues, “We need to stop reacting and revenging our thirst for the good times. Not as yet. It is not the time.”
Acknowledging that the economy and people’s livelihoods are at stake, he deems the situation “a global crisis for humanity” and is firm in the belief that at the end of this long potholed road, “the world will mend itself.”
“Our truckers battle the roads solo on the continents. They have to swab every other day and bleed from their sore nostrils, just to serve you. Let us at least show respect for them, and equally for health care workers, teachers and the many other unsung heroes that serve us all,” he pleads.
Family businesses account for more than 70% of Malta’s SMEs, and are hence vital components of the local economy.
Astrid and Juanito Camilleri said the strong reviews are resulting in steady export growth.
The bank also appointed a new Head of Internal Audit.
He has also been appointed Board Member at JA Europe.