Approval of Ennia-solution does not make everybody happy

By Hilbert Haar PHILIPSBURG — The parliament of St. Maarten approved the solution for the Ennia group of companies in October but not everybody is happy with the decision. Five parliamentarians voted against More...

CBCS sounds the alarm over lack of parliamentary approval for ENNIA-solution

PHILIPSBURG — The Central Bank of Curacao and St. Maarten (CBCS) wants to finalize the restructuring of troubled insurance company ENNIA by December 1 of this year but it is unable to do so without approval More...

Parliament hesitant about approving Ennia-solution

PHILIPSBURG — It is not at all certain that the parliament will approve the proposal to save Ennia from bankruptcy and thus protecting the interest of its policy holders. Finance Minister Marinka Gumbs More...