tag:blogger.com,1999:blog-8817171247555815363.post5036508885667884995..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: 28/1/2012: Spin of 'great investment destinations' - MaltaTrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8817171247555815363.post-83384367145572075662012-01-30T10:03:40.252+00:002012-01-30T10:03:40.252+00:00Hi Constantin,
I think you are being somewhat har...Hi Constantin,<br /><br />I think you are being somewhat harsh on Malta.<br /><br />For its size and population, it is doing extremely well in these turbulent times. It could easily have done an Ireland or Iceland on it had its Financial Regulator allowed the local banks go mad on the interbank markets, but that did not happen.<br /><br />Maltese banking can be best described as conservative, which in these times is no bad trait to have.<br /><br />Malta is a very small country doing its very best to survive with what little resources it has.<br /><br />Having lived and worked in Malta for 2 years, I can tell you there is no poverty, begging on the street and economic meltdown. The people are warm, friendly and try to see the glass as half full always.<br /><br />Malta is a up and coming financial jurisdiction, with Deutsche Bank recently establishing themselves there. It is looking to do what Ireland successfully achieved over the last 20 years.<br /><br />Try not to be too forensic on a very small country trying its very best such as Malta. Maybe you should write about the positives, and there are many of them.<br /><br /><br />Kind Regards,<br />CorkmanAnonymousnoreply@blogger.com