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Old 18th October 2003 | 05:24
  #66 (permalink)  
Flap operator
 
Joined: Nov 1999
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From: Busy elsewhere
fish Nerik

I agree it would be rash to base a business decision on postings on Pprune, or elsewhere for that matter, however it may be fair to assume that I have a degree of knowledge and experience in Malta and elsewhere that warns me thus.
I am required by law to take on a 51% Maltese partner in any business that I may wish to start, or as is my case my maximum shareholding in an existing business is 49%.

This is not the case in either of the other E.U countries mentioned.
The legal system in this particular country has always had a rather large question mark over it, my point is that until this sort of abuse is ended, the choice as to whether to invest becomes a question of trust.. fine when things are going well... but what if ?

While things remain the way they are, the inward investment that Mr. Fenech-Adami's government is seeking to attract will be looking for safer options. Q.E.D.

This is no place for my Euros.
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