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Pre-1995 rent reform: Landlords want all leases back on the market


An NGO representing roughly 7,000 landlords is calling for the authorities to put all leases back onto the free market after a seven-year transition period to avoid more court cases and a waste of taxpayers’ money.
According to Malta Property Owners Association (MPOA) head Mario Debono the recently proposed pre-1995 rent reform is rife with human rights infringements and needs to be amended to prevent more compensation claims.
In February, Prime Minister Robert Abela announced that landlords of properties covered by pre-1995 leases will be able to claim up to two per cent of the property’s market value in rent  as part of a major reform. The reform was debated in parliament last month. The government will, in most cases, subsidise the difference between the old rent and the new one.  ....

Robert Abela , Mario Debono , Malta Property Owners Association , European Court , Prime Minister Robert Abela , Human Rights , ராபர்ட் அபேலா , மரியோ டெபோனோ , ஐரோப்பிய நீதிமன்றம் , ப்ரைம் அமைச்சர் ராபர்ட் அபேலா , மனிதன் உரிமைகள் ,

Business lobby giant Vince Farrugia dies aged 77


The former director-general of the Chamber for Small and Medium-Sized Enterprises, Vince Farrugia, has died aged 77. 
Farrugia was a long-serving director of the business lobby, formerly known as the GRTU.
He also held several other positions including in the then National Tourism Organisation of Malta, the Malta Development Corporation and in banks. In 2008 he was given the National Order of Merit.
The Chamber of SMEs said Farrugia had turned the organisation into one of national importance and said he would always be remembered for defending the interests of small business owners. 
It offered its condolences to his wife, children and family.  ....

Mario Debono , Vince Farrugia , Malta Development Corporation , National Tourism Organisation Of Malta , Medium Sized Enterprises , National Tourism Organisation , National Order , Nationalist Party , மரியோ டெபோனோ , வின்ஸ் பர்ருகிய , மால்டா வளர்ச்சி நிறுவனம் , தேசிய சுற்றுலா ஆர்கநைஸேஶந் ஆஃப் மால்டா , நடுத்தர அளவு நிறுவனங்கள் , தேசிய சுற்றுலா ஆர்கநைஸேஶந் , தேசிய ஆர்டர் , தேசியவாதி கட்சி ,