That's how many millions of euros are expected to be withdrawn from Trust after change of law

However, Morina pointed out that they were not followers of this governmental idea because there were other possibilities.

It's not like we were followers of this idea, but the contributors welcomed it. There were alternatives through public debt. But we have made all preparations for the scheme to be executed in case the law is amended in the Parliament. We are involved in the implementation phase of the package for economic recovery”, Moria stressed.

Morina made these comments to the Commission for Boards and Transfers during the report for the annual report 2019.

While Trust Executive Director Adrian Zalli said 160m euros in Trust are uninvested, and whenever the law passes they can be distributed to contributors who are interested.

The estimates that 370 thousand accounts are active in the Trust, while Trust leaders stressed that 74 per cent of the fund's funds have been invested abroad, while 24 per cent in the local market.

We remember that there have been two voting attempts for the draft economic recovery bill, but in the absence of quorum it has failed to be voted out, as this plan is being rejected by opposition parties.