SUNDAY • 22 MARCH 2020 • ISSUE 1064 • PUBLISHED EVERY WEDNESDAY AND SUNDAY
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maltatoday
This
won't
work,
Robert
EDITORIAL MT2
ROBERT Abela's package does
not go far enough and will not
work.
Malta has entered a war which
has destabilised the economy
and all its workers. Abela cannot
be scared of spending and rack-
ing up the necessary government
debt needed for a national stim-
ulus now: the risks of not acting
will be greater than what lies
ahead in the next months. He
must alleviate economic hard-
ship during the epidemic to pre-
vent lasting damage to the econ-
omy by stopping this recession
from turning into the next Great
Depression. What Malta needs
is a form of universal credit for
all, to keep aggregate demand up
and so that idle workers at home
can return straight to work at
the end of the crisis and restore
the supply chain.
STAY IN, STAY SAFE, WE ARE IN THIS TOGETHER WWW.MALTATODAY.COM.MT/COVID19
Our appeal is simple:
Maltese businesses
must be sustained by
keeping workers in
a job with a social
insurance that sustains
their wages
CLAUDIO GRECH
'We cannot allow
Maltese businesses
to fail. We would
be failing
society'
INTERVIEW MT2
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