Malta is experiencing a sharp rise in the cost of servicing its national debt, with annual interest payments now approaching €300 million. Under the leadership of Finance Minister Clyde Caruana, the country has seen a notable escalation in borrowing levels over the past five years, alongside a broader shift in European monetary conditions that has pushed interest rates upward....
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NEWS Malta
April 3, 2026
Rising debt in Malta sparks worries over fiscal policy
Malta’s public finances are increasingly drawing scrutiny as government debt and expenditure continue to rise during a period of sustained economic expansion. Under the leadership of Clyde Caruana, the country’s...
iGaming News, Taxation
December 8, 2025
BGC says new UK tax could boost black market gambling
The Betting and Gaming Council (BGC), the leading trade body representing licensed operators in the United Kingdom, has issued a strong warning regarding the Government’s recently announced betting and gaming...
iGaming News, Taxation
November 12, 2025
Gibraltar warns UK gambling tax hike may harm economy
As the United Kingdom prepares for its November 26 budget, debate over potential increases in gambling taxation has intensified. The discussion is no longer confined to industry insiders and politicians;...
iGaming News, Laws
November 10, 2025
PwC report warns higher gambling taxes fuel black market
A recent study by PwC, commissioned by the Betting and Gaming Council (BGC), has shed light on how increased gambling taxes and tighter regulations across Europe have affected market growth,...
iGaming News, Taxation
November 10, 2025
Bulgaria to raise gambling tax to 25% from January 2026
The Bulgarian government has officially approved an increase in the national gambling tax rate, raising it from 20% to 25% of gross gaming revenue (GGR) effective January 2026. The move,...
iGaming News, Taxation
October 8, 2025
Latvia gambling industry warns of tax rise impact
Latvia’s gambling industry has issued a strong warning against the government’s proposed increases in gambling taxes, arguing that the measures could have the opposite effect of what policymakers intend. The...
NEWS Malta
January 31, 2025
Government Plans to Borrow €1.5 Billion in 2025
The government has revealed its intention to borrow an additional €1.5 billion in 2025 to manage the country’s rising expenditures. This plan, outlined in official documents published this week, is...
Finance News, NEWS Malta
November 22, 2023
EU Urges Malta to Reevaluate Energy Support
The European Commission has extended an invitation to Malta, urging the country to phase out its existing energy support measures. The move is in response to concerns over Malta's government...
Finance News, NEWS Malta
October 27, 2023
Malta – €52 Million Deficit in 2023
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...