Search Results for: pension
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Vote on Hartog/Crone motion postponed until December
THE HAGUE — Senators Eddy Hartog (Volt) and Ferd Crone (Green Left/PvdA) have agreed to postpone voting on their motion that objects to the intention of charging Curacao and Aruba a higher interest rate on More...
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Small part of Mullet Bay up for sale
PHILIPSBURG -- The Central Bank of Curacao and St. Maarten (CBCS) has put up 11,000 square meters of Mullet Bay for sale. This appears from an ad published in the Antilliaans Dagblad on October 16. The parcel More...
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St. Maarten gets low interest rate on refinanced liquidity loans
PHILISPBURG — St. Maarten gets its liquidity loans refinanced against 3.4 percent interest while Curacao, that has refused to accept a Dutch loan to solve problems at insurance company ENNIA, will have to More...
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Central Bank to discuss details of Ennia-solution
PHILIPSBURG — The solution Curacao’s Prime Minister Gilmar Pisas has presented for embattled insurance company Ennia is not an entirely done deal yet, it appears from a press release issued by the Central More...
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Curacao refuses loan and Ennia Leven will cease to exist
PHILIPSBURG — The Dutch loan of €600 million (1.2 billion guilders or $636 million) to Curacao and St. Maarten to save the life insurance branch of insurance company ENNIA is off the table. Curacao’s More...
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Minister Irion: Solution for Ennia becomes unattainable if not all parties agree
PHILIPSBURG — Refinancing of the corona liquidity loans hinges on an agreement about a solution for embattled insurance company Ennia. The deadline to reach an agreement is October 15. “This agreement remains More...
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Analysis: Central Bank intervened much too late at ENNIA
WILLEMSTAD — The management of ENNIA has mismanaged the insurance company and might even have committed criminal acts, econometrists Servaas Houben and Ronald Ketellapper state in an analysis published by More...
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Why should the Sint Maarten and Curaçao people CARE about and pay CLOSE(R) attention to the Ennia Saga?
Dear Editor, Firstly, it’s important to note that the underlying management, supervision, and governance issues are not unique to ENNIA. Curaçao is in dire need of a public financial injection for the Curacao More...
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Wishful thinking
By Hilbert Haar The prime minister listening to his own fairy tale. That is how comedian Wim Kan once described the traditional speech by the Dutch Queen (at the time) during the opening of the Dutch parliamentary More...
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St. Maarten faces significant challenges, Governor Baly says
PHILIPSBURG — “Sint Maarten still faces significant challenges. It is vulnerable to external shocks like natural disasters and to a global economic downturn,” Governor Ajamu Baly said in his speech during More...