Tag Archives: Top News

ALGERIA, BANK LOANS IMPORT CITRUS FRUITS AND VEGETABLES SUSPENDED

The Algerian Central Bank has recently forwarded to local banks a note for the immediate suspension of the operations of the bank loans of imports of citrus fruits and fresh vegetables. The Algerian Minister of Commerce ad interim, Abdelmadjid Tebboune, said that this decision is motivated by the need to reduce the value of imports, taking into consideration the availability of local products of equal quality. Despite of the fact that Algeria has 66 million hectares of land and produced 12 million tons of citrus in 2015, the country imported the equivalent of US $ 11 million of citrus fruits from Spain, Morocco and Egypt.

(ITALPRESS/MNA).


Source: medNews

SOLAR ENERGY IN TURKEY +230% IN 2016

In 2015 the total non-licensed solar energy production capacity was 248.8 MWe, while in 2016 it reached 819.6 MWe, with a 230% growth.

According to figures released by the Ministry of Energy and Natural Resources of Turkey, the total energy production in 2015 was 73,146 MWe, while in 2016 it reached 78,497 MWe (with a 7.3% growth).

The current number of power stations (of variable size and energy type) in Turkey amounts to 2,321 units. The difference of production according to energy source between 2015 and 2016 is as follows: The biggest increase was that on solar energy (+230%). Total non-licensed solar energy plants passed from a capacity of 248.8 MWe, to 819.6 MWe. 

Geothermal energy production increased by 31.5%, from 624 MWe to 821 MWe.

Wind power grew by 27.5%, from 4,498.4 MWe in 2015 to 5,738.4 MWe in 2016. Wind power is the third most rapidly growing energy source. Carbon plants capacity increased by 4.5% (9,418 MWe in 2015 and 9,842 MWe in 2016).

Natural gas  and liquid natural gas energy production capacity grew by 4.4% (21,222 MWe in 2015 and 22,156 MWe in 2016). On the other hand, Fossil Fuel Power Plants production (such as naphta) decreased by 17.3%.

(ITALPRESS/MNA).


Source: medNews

EUROPEAN INTEREST IN ISRAELI GAS DEEPENS

High-level contacts between Israel and European countries on laying a gas pipeline from the Leviathan natural gas reservoir are about to take place in Brussels, the Israeli economic newspaper Globes reports. 

The Ministry of National Infrastructure, Energy, and Water Resources director general Shaul Meridor will travel to Brussels next Monday to meet his counterparts from Italy, Greece, and Cyprus in the European Commission offices. The meeting is designed to pave the way for a summit between the four countries’ energy ministers next month in Israel.

Such a pipeline, the longest of its type in the world – 2,000 kilometers, could connect the Israeli reservoir Leviathan and the Aphrodite Cypriot reservoir, as well as other other gas reservoirs to Italy, and from there to other customers in Europe.

The Europeans expressed their preference that Edison carry out this ambitious venture. One of the world’s most experienced energy companies, Edison was acquired several years ago by EDF, the French national electric company, and is active in energy exploration in Israel and Egypt. The sources add that Francesco Starace, CEO of Italian electric company Enel Group, recently met with Minister of National Infrastructure, Energy, and Water Resources Dr. Yuval Steinitz, and expressed interest in buying Israeli gas. The Italians are interested in Israeli gas as a substitute for the gas they are buying from the North Sea area, where gas production is gradually declining.

(ITALPRESS/MNA).


Source: medNews

SLOVENIA, THE PRIVATIZATIONS PLAN FOR 2017 APPROVED

The Slovenian government approved the annual plan for the management of public assets for 2017 presented by the SSH on the basis of the strategy launched in the summer of 2015. The plan includes targets, the measures necessary to achieve the expected returns and the list of the 20 companies for sale. Among these, two new asset (Abanka and Gorenjska Banka) and 18 companies already included in the above mentioned list (some of which are at an advanced stage of privatization, such as the Cimos d.d., KDD d.d. and Paloma d.d.). In 2017, it is expected the continuation of activities aimed at the privatization of NLB, the launch of the sale of Unior d.d., the unbundling of Plinovodi d.o.o. from Geoplin d.o.o. and the sale of additional defined portfolio assets.

(ITALPRESS/MNA).


Source: medNews

MALTA, INFORMAL SUMMIT OF EU MINISTERS FOR THE INTERIOR

The proposal of the Maltese Presidency of the European Council on the urgency of reaching an agreement with Libya on the migration crisis has found a new setback as the European Commissioner for Migration and Interior Dimitris Avromopoulos stated that a deal between the European Union and Libya on the same lines as that reached with Turkey last year is impossible.

The tough declaration was made during a press conference held today in the Maltese capital at the end of the informal summit of the Ministers of Home Affairs of the European Union. He affirmed that both the European Commission and the European Council of Ministers of the Member States are in accordance over this issue.

At the official inauguration of the Maltese Presidency held a couple of days ago, the Maltese Prime Minister Joseph Muscat spoke about the urgency of an arrangement with neighbouring Libya, an agreement that should be similar to that reached between the European Union and Turkey.

However, following talks held in Malta between Avromopoulos and the Maltese Minister for Home Affairs and National Security, Carmelo Abela, the Commissioner whilst addressing the press conference was clear and direct declaring “Libya is not Turkey. There can never be a replica of the deal made with Turkey for Libya”.

(ITALPRESS/MNA).


Source: medNews

"GIVE LIVE VIDEO TECHNOLOGY A CHANCE"

The international former referee, Italian Pierluigi Collina declared that the introduction of video technology as assistance to referees during the football game is indeed a good experiment. “It would eliminate obvious errors of judgment and as a result give more credibility to the game.” Meanwhile he also stated that UEFA considers the introduction of additional referees as a valuable decision. 

Pierluigi Collina, considered as one of the best international football referees ever was a special guest at The World in 2017 Gala Dinner organized by The Economist and held in Malta this weekend.

FIFA honored Collina six times with the widely held Referee of the year award, he won the award of best Serie A referee for seven times and in 2011 was introduced in the Italian Football Hall of Fame. During his ten year career as referee with FIFA he was selected to arbitrate the final UEFA Champions League in 1999 between Manchester United and Bayern Munich and the UEFA 2004 Cup between Valencia and French Marseille.

Collina stated that today his only regret is that he is older. “I wish I could return to my younger days and restart my career all over again, I would so everything the same but start from the very beginning so at least I would be young once more”, said a smiling Collina.

Collina declared that whilst cherishing his career, he understands the responsibility that goes hand in hand with such success. “I am proud of what I achieved but feel the responsibility of always delivering the best as this is what everyone expects out of you once you reach such high levels otherwise you will be criticised” Collina said.

 


Source: medNews

MOROCCO, 2016 RECORD YEAR FOR THE CAR MARKET

Car sales in Morocco at the end of 2016 reached 163,110 units, +23.56% compared to last year. This growth was stimulated by commercial offers and zero interest financing offered by all makes. Cars sold for private use were 152,324 (+25.91%). Small commercial vehicles sales diminished by 2.2%, dropping to 10,786 units. The 10 most sold makes on the Moroccan market are: Dacia (42.279 registrations, + 16,37 % compared to 2015), Renault (17,121 units, + 45,82%), Ford (14,502 units, + 40.99%), Peugeot (10,625, + 21.73%), Volkswagen (10,509, + 71.6%), Hyundai (9,412, +17.28%). Fiat is 7th with 8,636 cars sold in Morocco in 2016, with a 8.32% increase. After Fiat, Nissan (6,528 registrations, +21.81%), which had a great success with its crossovers. At the end of the top 10 Citroen (6,449, +25.79%) and Toyota (4,023, + 27.43%).  

(ITALPRESS/MNA).


Source: medNews

TUNISIA, WORLD BANK ESTIMATES GROWTH AT 3% IN 2017

Tunisia is expected to reach a 3% growth rate in 2017, 3.7% in 2018 and 4% in 2019. This is what emerges by the latest report on global economic perspectives published by the World Bank. For last year, the international financial institution had foreseen a growth of real economy of 2.0%, 0.2% more of what forecasted last June. Compared to six months ago, the World Bank expects an additional 0.5% growth for 2017 and an additional 0.7% for 2018.

(ITALPRESS/MNA).


Source: medNews

EU, ADDRESS BY MUSCAT IN STRASBOURG

The Maltese Prime Minister, Joseph Muscat implied without being specific that it is his intention to seize the bull by its horns with the support of the member states in facing two major challenges during the six months of the European Council Presidency. Muscat was referring to the immigration problem and warned Europe that it will yet face a greater crisis in the coming months if immediate action is not taken and to the exit process of the United Kingdom from the European Union as on Tuesday, Britain’s Prime Minister Theresa May listed the political roadmap and what she is aspiring to achieve in the final agreement with the European Union.

Joseph Muscat, former Member of the Parliament himself, was addressing the plenary session of the European Parliament in Strasbourg listing the priorities of the Maltese Presidency. During the assembly the Italian Antonio Tajani assumed his role as the new President of the European Parliament following his triumph in the elections held on Tuesday.

PROPOSED AGREEMENT BETWEEN THE EU AND LIBYA AS INFLUX OF IMMIGRANTS IS EXPECTED

The Maltese Prime Minister said that Malta’s proposal to the European Union to reach an agreement with Libya to curb illegal trafficking of migrants in the Mediterranean is crucial. He stated that another crisis like that of 2016 when the European Union was caught unawares must be avoided at all costs.

Malta is proposing a similar agreement reached last year between the European Union and Turkey. “The agreement is not perfect and is not a long-term solution, but it has indeed made a difference”, said the Maltese Prime Minister. He insisted, “Europe cannot afford to be caught up in this problem once again. In Spring, Europe will definitely face an influx of dangerous crossings in central Mediterranean and the reasons behind these perilous journeys highly differ from those of the Syrian refugees crossing the Aegean Sea”.

The Maltese Prime Minister went even further than this as he recommended that in the eventuality of an agreement with Libya, the European Union must subsequently intervene to assure safe access to those immigrants who have a legitimate right to apply for asylum and break the business model of the criminal gangs raking millions of euros out of this inhumane business.

“If we manage to get such an agreement, we should then as the European Union, organize humanitarian safe passages and corridors, that would get recognized asylum seekers to Europe safely,” pointed out Prime Minister Muscat.

Nevertheless the Maltese Government is aware that an agreement with Libya will not be an easy feat due to the soaring instability there is in this North African country located 1,099 km away from Malta and only 296 km from the Italian island of Lampedusa.

Whilst the Maltese Prime Minister in Strasbourg stressed on the urgency of an agreement between the EU and Libya, the Maltese Minister of Foreign Affairs George Vella addressing local media last week showed he is skeptical due to Libya’s instability, which is unlike the situation in Turkey. As a matter of fact notwithstanding the Turkey’s troubles and predicament it still remains a relatively stable country.

This reasoning was echoed by Philippe Lamberts, the Belgian co-President of the Greens in the European Parliament in today’s session and never presented to the European Parliament for approval but was bypassed and approved by the Council of Ministers of the European Union.

Libya continues to suffer as three different governments wage war against each other as all crave power to control the Libyan territory. 

Moreover the government recognized by the United Nations under the leadership of Fayez Sarraj is weak and defenseless against this instability. In addition to all this unrest the country is plagued with the presence of militia fighters bringing dread to the already hopeless situation.

Despite this grave situation, the Maltese Prime Minister Joseph Muscat is still insisting on the urgency of an immediate agreement with Libya so as to avoid experiencing another crisis like 2016. He suggested that the existing immigration agreement between Italy and Libya should serve as a foundation to extend it to the European Union.

The Italian MEP Fabio Castaldo who declared that the agreement with Turkey was illegal, heavily criticized the proposal by the Maltese Prime Minister. 

Joseph Muscat, the Maltese Prime Minister stated in his official address that he is determined that the Maltese Presidency will work hand in hand with the European Parliament to address the common challenge of immigration.

On the other hand, the Government of Malta has already submitted a proposal for joint patrols with the Libyan naval power in an attempt to stop the influx of immigrants in the Central Mediterranean route.

In an aide-memoire that was presented to the member states of the European Union, Malta is suggesting guard patrols off the Libyan coast led by European countries together with the Libyans. Intercepted migrant boats are to be returned to Libya. However it is still unsure whether it will be the European naval power or the Libyan forces that will assume the responsibility to patrol back to Libya these boats.

With just a couple of days gone in 2017, dozens of desperate souls have already been claimed by the unforgiving sea with only 700 immigrants making it and brought to  Sicily’s shores seeking asylum. Such tragedy has brought once again the Mediterranean route high on Europe’s agenda.

INFERIOR DEAL FROM EU MEMBERSHIP FOR THE UK

Coincidentally the address by the Maltese Prime Minister in Strasbourg took place a day after the British Prime Minister Therese May introduced the political roadmap on which the United Kingdom will be basing its negotiations to exit the European bloc. The Maltese Prime Minister stated that is indeed an ironic situation that in March when Article 50 of the Lisbon Treaty is activated to allow the exit of the United Kingdom from the European Union, it will be Malta an ex-British colony for two centuries but currently running the Presidency of the Council of the European Union that will be leading the negotiations.

The Maltese Prime Minister reiterated that the European Union must reach a fair but inferior agreement with the UK than that guaranteed through full membership. “This should not come as a surprise to anyone otherwise it means they are detached from reality”. Last Tuesday, the British Prime Minister Therese May listed the English government priorities for the negotiations that are yet to start with the European Union and that are expected to take two years. She declared that she is seeking the creation of a new agreement and not a replica of something that is already in existence. She said that it is not possible for her country to remain part of the European common market, explaining that British presence in the common market would mean that the United Kingdom “has not ended its membership with the EU”.

She promised that following the process of Brexit, the United Kingdom would have the “greatest possible access” to the common market. Addressing the rest of the 27 States of the European Union, Therese May declared that the United Kingdom will remain “a faithful friend, partner and an ally that can be relied on”.

Therese May called for a new and equal collaboration with the EU rather than a partial membership that would leave the United Kingdom in an uncertain position.

Whilst addressing the plenary session of the European Parliament, the Maltese Prime Minister took the opportunity to confirm that there is a univocal agreement within the Council of Ministers regarding the free movement of people and access to a common market. “As stated by the 27 Heads of States and Government after the Brexit referendum result, which we respect as a sovereign decision, the freedom of movement of persons, goods, services and capital cannot be decoupled. Put simply, the four freedoms are indivisible. Indeed, the fact that the British Prime Minister declared that she will take her country out of the Single Market because of the political choice to limit freedom of movement of persons, confirms the position of the EU27, that the four freedoms are one package. That in itself is a somewhat positive development”. Negotiations between the UK and the EU are expected to commence once Article 50 of the Lisbon Treaty is initiated by the end of March. The British Prime Minister has made it clear that she has no intention to ‘weaken’ the EU or the common market. Nevertheless, the British Government has so far revealed few details about what it is expecting from the Brexit talks and is holding back from fully revealing what the British government is anticipating stating that this would tamper negotiations with Brussels.

MEETING OF THE HEADS OF STATE AND GOVERNMENT IN MALTA NEXT MONTH 

The Maltese Prime Minister’s key message on illegal immigration at the plenary session of the European Parliament confirms what was said at the official inauguration of the Maltese Presidency – that immediate decisions on how illegal immigration must be confronted must be an absolute priority before another major crisis explodes. Reacting to the remarks made during the plenary session, the Prime Minister Joseph Muscat urged the European Union countries to take decisions now and show solidarity to avoid having to make much harsher decisions. “Unless we are ready to take such bold moves, we would be made to take even bolder ones in the months to come, and these decisions would be led by people who do not have progress of the European project at heart. This is a matter which we intended tackling directly during the meeting of the Heads of State and Government in Malta next month”.

(ITALPRESS/MNA).

Photo credit: Department of Information Malta


Source: medNews

ALITALIA, TALKS WITH AIR MALTA FOR PURCHASE 49% STOPPED

Air Malta and Alitalia have jointly decided to terminate the talks which would have led to Alitalia becoming a 49% shareholder in Malta’s national carrier.

The two airlines agreed that the current changing landscape in the airline industry was not ideal for a such a transaction and that both airlines would concentrate on the current challenges without entering into a partnership.

Air Malta and Alitalia will continue to collaborate closely commercially through a recently launched extensive code-sharing program.

(ITALPRESS/MNA).


Source: medNews

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