الوسم: Energy
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EU with sticky inflation and Malta’s inflation at 7% in February
Inflation in Europe is sticky with the February average at 8.5%. Note that Malta’s inflation rate is at 7% because of subsidies on electricity bills offsetting the premium being paid by the Maltese government over its energy supplies. I don’t have the time to do the maths, but if you remove the electricity bills subsidies…
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€1 billion in energy subsidies in 2022
Yesterday, Prime Minister Robert Abela reiterated that the government has spent €1 billion in energy subsidies in 2022 to keep domestic electricity prices from going up. Abela wants people to believe that the government is burning our taxes to save us from external crises, only that these external crises are exacerbated by Labour’s amateurish way…
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Let’s talk about Nord Stream
Apparently, there’s a lot of talk by the pro-Russian propagandists that Europeans are ashamed of speaking about Nord Stream given they don’t want to admit that Europe is a vassal of the US. This is a very convenient way of psychologically trying to drive a wedge between the Atlantic alliance. The narrative that Europe is…
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Prosit Ministru
It’s ironic that the Labour Party used to make fun of the Nationalist government for recommending citizens use their washing machines during the night when electricity prices were cheaper, and Miriam Dalli is today, forced to keep the public street lights switched off during the night because of her and the government’s crass mismanagement? Prosit…