The National Statistics Office (NSO) recently released financial data for the period spanning from January to September 2023. The figures unveiled a deficit of €52 million, marking a concerning trend for Malta's fiscal health. This revelation comes after the announcement that in 2022, Malta reported a deficit of €982.2 million, equivalent to a significant 5.7% of its Gross Domestic Product (GDP). In this article, we delve into the implications of this deficit and the challenges facing the Maltese government in the coming months....
Continue Reading
Laws, NEWS Malta
October 26, 2023
Court criticism of Prime Minister
The Chamber of Advocates, a prominent body representing legal professionals in Malta, has strongly criticized Prime Minister Robert Abela for insinuating in parliament that the courts exhibit bias in favor...
iGaming News, NEWS Malta
October 25, 2023
Soft2Bet at SiGMA Malta Europe 2023
Soft2Bet, the leading B2B casino and sportsbook platform provider, shortlisted for the SiGMA Europe Awards in the "Responsible Gaming 2023" category, will showcase its latest gamification products and innovations at...
Finance News, NEWS Malta
October 24, 2023
Malta’s Cost of Living Adjustment for 2024
Malta's Finance Minister, Clyde Caruana, unveiled the eagerly anticipated cost of living adjustment (COLA) for 2024. During a business breakfast organized by Times of Malta, he addressed a range of...
Finance News, NEWS Malta
October 24, 2023
A Closer Look at Malta’s Inflation Challenge
In recent times, the Maltese economy has been facing significant challenges, with inflation being a prominent concern. The annual inflation rate, as measured by the Retail Price Index (RPI), witnessed...
iGaming News, NEWS Malta
October 13, 2023
Hottest iGaming Affiliates Party in Malta
Prepare for a night like no other as renowned affiliate program Chilli Partners teams up with the UK's leading payment service provider, Colibrix, to host the iGaming industry's hottest party!
NEWS Malta
September 28, 2023
EU MED9 Summit Gathers in Malta
The EU MED9 Summit is set to take place in Malta on Friday, bringing together the leaders of several EU member states, with a focus on Mediterranean countries. This significant...
Finance News, NEWS Malta
September 27, 2023
Malta’s Economic Growth Forecast
Malta is poised to maintain a robust long-term economic growth trend of 4%, according to Finance Minister Clyde Caruana. Speaking during the launch of the public consultation for the government's...
Business News, NEWS Malta
September 26, 2023
The Mafia’s Money Laundering Game
In a narrative straight out of a Martin Scorsese film, the tale of Sicilian Mafia boss Matteo Messina Denaro, who spent 30 years on the run before his recent capture,...
NEWS Malta
September 26, 2023
EU’s Groundbreaking Design Protection Reforms
In a monumental development set to reshape the landscape of design protection, Minister Silvio Schembri has warmly welcomed the consensus reached by the EU27 on forward-thinking regulations. These regulations are...
Business News, NEWS Malta
September 22, 2023
Non-EU Workers in Maltese Companies
In a recent Eurobarometer survey focusing on skills shortages and recruitment in small and medium-sized enterprises (SMEs), it was revealed that a significant quarter of Maltese businesses have been hiring...
NEWS Malta
September 18, 2023
Identity Malta Rebrands as “Identità”
Identity Malta, the government agency responsible for crucial identity-related services such as ID cards, passports, visas, and public deeds, has undergone a significant transformation and rebranded itself as "Identità." The...
NEWS Malta
September 18, 2023
Discover What Google Reveals In The New GBP Policy!
In the previous month, Google published a new help document, to assist you in navigating your Google Business Profile (GBP) regulations. If you happen to be a GBP Merchant, it's...
NEWS Malta
September 15, 2023
Maltese Opinion on EU-Ukraine Solidarity
A recent Eurobarometer survey focusing on EU challenges and priorities has shed light on the views of the Maltese population regarding Ukraine solidarity and several key European Union issues. The...
Business News, NEWS Malta
September 12, 2023
Residential Property Sales in Malta
In August 2023, the residential property market in Malta witnessed a significant decline in the number of property sales. Data published by the National Statistics Office reveals that there were...
Finance News, NEWS Malta
September 11, 2023
Malta’s 2023 Budget and Inflation
In an address to the Malta Council for Economic and Social Development (MCESD) ahead of next year's budget, Finance Minister Clyde Caruana reassured the public that despite ongoing inflation challenges,...
NEWS Malta
September 11, 2023
PM Abela Responds to Benefits Scandal Criticism
In a recent turn of events, Prime Minister Robert Abela has firmly addressed comments made by various political figures regarding the benefits scandal that has gripped Malta. European Parliament President...
NEWS Malta
September 6, 2023
EU President Welcomes Maltese Delegation
Brussels, the heart of the European Union, recently played host to a momentous meeting, underscoring the significance of collaboration between Maltese and European institutions. At the center of this diplomatic...
NEWS Malta
September 5, 2023
Police Sergeant Bitten by Dog
In a surprising turn of events, a seemingly ordinary road rage incident in Attard, Malta, has taken a bizarre twist. A police sergeant, initially thought to have been injured during...
Finance News, NEWS Malta
September 5, 2023
PM Silence on Social Benefit Scandal
In a shocking turn of events, the Nationalist Party has raised serious questions about Prime Minister Robert Abela's silence following the revelation of a social benefit fraud scandal involving a...
Finance News, NEWS Malta
September 5, 2023
Malta’s GDP Surges by 3.9% in Q2 2023
Malta, the picturesque Mediterranean archipelago, is basking in economic success as it witnesses a remarkable surge in its Gross Domestic Product (GDP). The latest statistics, released by the National Statistics...
NEWS Malta
September 5, 2023
Saving Malta’s Traditional Boats
Prepare to embark on a voyage through time and culture as we unveil an exciting initiative that's casting its anchor deep within the heart of Maltese heritage. Our island nation's...
NEWS Malta
September 5, 2023
Roadwork Delays: Challenges and Solutions
Roadworks in Malta have become a source of frustration for residents, shopkeepers, and commuters alike. While infrastructure development is vital, the lack of coordination between government entities has led to...
NEWS Malta
September 4, 2023
Plan to Tackle Malta’s Waste Crisis
Malta, a picturesque Mediterranean island nation, is currently grappling with a growing waste problem that's causing turmoil across the country. The Nationalist Party (PN) has put forward a series of...
Business News, NEWS Malta
September 4, 2023
Malta Chamber’s Call for a Digital Revolution
In a bold move to reshape the future of governance in Malta, the Malta Chamber has unveiled its pre-budget document, calling for a comprehensive digital transformation of government services. This...
Finance News, NEWS Malta
September 4, 2023
Malta’s Economy: Q2 2023 GDP Growth
Malta, a picturesque Mediterranean island nation, continues to impress with its economic resilience. The provisional estimates for the second quarter of 2023 reveal a promising surge in the Gross Domestic...
Finance News, NEWS Malta
September 1, 2023
Transport Malta’s Direct Orders Breaks Record
In a span of just six months, Transport Malta has set a remarkable record with a staggering 387 direct orders, averaging three per day, and a jaw-dropping expenditure of €12...