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Clyde Caruana Calls Alex Borg ‘Financially Illiterate’ Over €1 Billion Claim
Clyde Caruana Calls Alex Borg ‘Financially Illiterate’ Over €1 Billion Claim

Clyde Caruana Calls Alex Borg ‘Financially Illiterate’ Over €1 Billion Claim

Finance Minister Clyde Caruana has strongly criticised PN Leader Alex Borg after the PN leader claimed Malta borrowed €1 billion in the month before the election was called. Speaking at a political event on Wednesday, Borg cited European Central Bank figures and alleged that the government borrowed €1 billion between March and April. The PN later doubled

Clyde Caruana calls Alex Borg ‘financially illiterate' over €1 billion claim

Clyde Caruana calls Alex Borg ‘financially illiterate' over €1 billion claim

Alex Borg’s claim that the government had borrowed €1 billion in the month before the election was called shows his “financial illiteracy” and “amateurism”, Finance Minister Clyde Caruana said on Thursday. Caruana was responding to a claim made by Borg at a party meeting on Wednesday evening, in which he said that Malta had borrowed €1 billion between

ECB data reveals €933 Million surge in Government debt after NSO delayed publication

ECB data reveals €933 Million surge in Government debt after NSO delayed publication

Newly published European Central Bank data have revealed that Malta’s outstanding government debt securities surged by almost €1 billion in a single month, following a controversial decision by the National Statistics Office to delay the release of updated debt figures until after the election campaign. According to ECB Government Finance Statistics

Watch: Adrian Delia Claims Finance Minister Withheld Debt Data Before Election

Watch: Adrian Delia Claims Finance Minister Withheld Debt Data Before Election

Finance Shadow Minister Adrian Delia has accused the government of withholding key economic information ahead of the election, making the claims in a social media reel posted earlier today. Delia said that in the last days, Finance Minister Clyde Caruana continued to insist that his calculator works well and even posted reels of himself writing on

Abela accumulated more debt than in previous 55 years, PN says

Abela accumulated more debt than in previous 55 years, PN says

The country's debt has reached yet another record, the Nationalist Party said Thursday, but the government is doing its utmost to hide this on the eve of the election. In five years, Robert Abela accumulated more debt than the country had accumulated in 55 years under several Prime Ministers. Over the past five years, Robert Abela borrowed more than

Alex Borg Says Government Borrowed €1 Billion Before Election

Alex Borg Says Government Borrowed €1 Billion Before Election

PN Leader Alex Borg claimed the government borrowed €1 billion in the month before the general election was announced, citing figures published by the European Central Bank . Speaking during a campaign event in Naxxar , Borg said Malta’s public debt had risen to almost €12 billion by April 2026. “Between March and April 2026, in one month, the government

New debt and unemployment statistics withheld by NSO until after elections

New debt and unemployment statistics withheld by NSO until after elections

In an unprecedented move, the National Statistics Office (NSO) has delayed the release of Malta’s latest debt and unemployment statistics until after the elections, raising concerns that the government aims to protect voters from deteriorating public finance data. The statistics covering the first four months of 2026 were due to be released on Friday