Malta: ALPA rejects pilots’ pay cuts until talks are held

Malta Today reveals that the Air Malta pilots’ union shot down offers to cut salaries to €1,200 every month. The union said that it is not prepared to discuss pay cuts unless it participates in talks about the restructuring of the national carrier.

Another story reports that the National Development Fund administered by the citizenship investment scheme registered a loss of €2.45 million following a dip in the economic performance of assets managed by the Central Bank.

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