News
The orgy of capitalism - The Malta Independent
1+ day, 11+ hour ago (398+ words) Democracy and capitalism are undergoing a crisis of confidence, as rising levels of inequality, corruption, and poor accountability have led citizens to seek alternatives. Free-market economies have been widely blamed for these ills, but some still argue that the free…...
GWU calls for twice-yearly COLA increases as the current system ‘no longer reflects reality’
1+ week, 16+ hour ago (1646+ words) Malta's cost-of-living adjustment should be reformed so that workers receive compensation twice a year instead of waiting for one annual increase, General Workers' Union secretary general Kevin Camilleri said. In an interview with The Malta Independent on Sunday, Camilleri said…...
Government at €11,457.6 million in March, 45.9% of GDP – NSO
1+ week, 6+ day ago (237+ words) In the first quarter of 2026, the General Government recorded a deficit of €339.0 million, the NSO said Monday, with the debt reaching €11,457.6 million, equivalent to 45.9 per cent of Gross Domestic Product (GDP). Adjustments were implemented to the Government's Consolidated Fund data…...
Growth that creates opportunity
2+ week, 17+ hour ago (393+ words) We cannot continue to measure economic success by GDP figures alone. Thankfully there seems to be some kind of consensus about this. As new Shadow Minister for the Economy, Technology and Strategic Projects, I believe Malta has reached a turning…...
Number of tourists up 16.6 per cent in April – NSO
1+ mon, 2+ week ago (331+ words) Total inbound tourists April 2026 were estimated at 409,403, an increase of 16.6 per cent when compared to the corresponding month in 2025, the NSO said Tuesday. During the month under review, a total of 383,664 inbound tourists visited Malta for holiday purposes, and 20,724 tourists…...
Economic growth must deliver real change for families
2+ mon, 2+ day ago (1045+ words) In a recent press conference, Finance Minister Clyde Caruana once again presented a confident picture of Malta's economic performance. Strong GDP growth, falling deficit ratios, and comparatively low unemployment figures were all highlighted as evidence that the country is moving…...
The quiet diplomacy of central banking
2+ mon, 2+ day ago (119+ words) Written by Matthew Zammit Yet beneath the noise and clamour of these visible negotiations lies the quiet hum of far less perceptible - but no less important - other forms of international cooperation. Altogether less flashy, they unfold quietly and continuously, providing…...
Cost of living goes up again, PN says
2+ mon, 4+ week ago (579+ words) The Natiomalist Party said Tuesday it is concerned by the latest figures published by the National Statistics Office (NSO), which show that the cost of living continues to rise month after month. Statistics issued today by the NSO on prices…...
Economic sentiment remains elevated, Central Bank says - The Malta Independent
3+ mon, 2+ week ago (205+ words) The Central Bank's Business Conditions Index indicates that in February, annual growth in business activity edged up slightly from the level in the preceding month and remained above its historical average. In February, the European Commission's Economic Sentiment Indicator declined…...
China's robust economic development benefits the world
4+ mon, 5+ day ago (381+ words) During the 15th Five-Year Plan period, China will strengthen the comprehensive green transformation of its economic and social development. China's economy possesses a solid foundation, multiple advantages, strong resilience, and vast potential. Green and low-carbon development will undoubtedly become the most…...