Economy

Airport passenger movements almost 10 times more than a year ago

Last month almost 317,000 passengers used Malta International Airport. This was almost ten times the passenger traffic observed a year ago in the same month. Compared to the pre-pandemic level of passenger traffic, activity was at 66%. This when in March last year...

theJournal.mt | 16/04/2022

Economy

Scope Ratings reaffirms its best rating for Malta: A+

German rating agency, Scope Ratings, has reaffirmed its best rating for Malta: A+. This decision was based on three factors, namely our country’s strong growth potential, our record of prudent fiscal management and our strong external position. The German experts note...

theJournal.mt | 12/04/2022

Economy

60% fewer people registering for work in February

Last February there were only 1,125 people registering for work. This was among the lowest number of people on the unemployment register since it began to be maintained in the 1960s. Compared to a year ago, there was a decrease of 1,460 persons, meaning that in a year...

theJournal.mt | 09/04/2022

Economy

No winter blues in Malta: the Winter 2022 Eurobarometer

Strong level of optimism and confidence in institutions among Maltese. The Eurobarometer survey carried out by the European Commission last January and February confirms that despite the lingering effects of the pandemic in our country there is a strong level of...

theJournal.mt | 07/04/2022

Economy

Fitch Ratings welcomes continuity in Malta’s economic leadership

Reacting to the general election result of March 26, international agency Fitch Ratings welcomed the fact that this “should result in economic policy continuity”. This is especially important in view of the current international challenges, including the impact of...

theJournal.mt | 05/04/2022

Economy

CONFIRMED: Malta’s finances improving at a better than expected rate

The National Statistics Office has published final data on developments in Government’s Consolidated Fund during 2021. These show that the deficit on the Consolidated Fund fell to €1,242 million last year from €1,468 million in 2020. This marks an improvement of €226...

theJournal.mt | 04/04/2022

Economy

Malta with fifth month of lowest unemployment in Euro Area

Eurostat data show that in February, Malta’s unemployment rate remained at a historical record low of 3.1%. Moreover, our country had the lowest unemployment rate among all Euro area countries. Only Germany managed to keep up with our economy, also posting a 3.1%...

theJournal.mt | 03/04/2022

Economy

Government registers best financial results since 2019

By February Government’s Consolidated Fund had a deficit of under €81 million. This meant an improvement of €247 million from the fiscal results in the same period in 2021. The first two months of the year marked the best Government financial results observed since...

theJournal.mt | 30/03/2022

Economy

Tourism continues to recover gradually

Last January there were almost 60,000 tourists who visited Malta. This was about 47% of the amount who had visited us in January 2019, that is before the pandemic, when just under 128,000 tourists had stayed here. By contrast, in January 2021 fewer than 14,000 foreign...

theJournal.mt | 25/03/2022

Economy

The Miracle of Work

How Labour changed Malta’s growth into employment. Economist Frans Camilleri writes. In a previous opinion, I had written about the Labour Government’s stellar performance in achieving unprecedented economic growth over the past decade. Today, I write about a...

Frans Camilleri | 22/03/2022

Economy

S&P Global Ratings confirm Malta’s A- rating

S&P Global Ratings have confirmed Malta’s A- rating with a stable outlook. This is the best rating this agency has given to our country in the last decade. The main reason why S&P Global Ratings experts took this decision was that according to them there was...

theJournal.mt | 12/03/2022

Economy

ONLY IN MALTA: fuel is cheaper than it was pre-COVID

While prices rise abroad…for the first time Malta has the lowest petrol price in the euro area. Information released weekly by the European Commission – the weekly oil bulletin – indicates that for the first time the price of petrol in Malta is the cheapest in the...

theJournal.mt | 11/03/2022

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Economy

Airport passenger movements almost 10 times more than a year ago

Scope Ratings reaffirms its best rating for Malta: A+

60% fewer people registering for work in February

No winter blues in Malta: the Winter 2022 Eurobarometer

Fitch Ratings welcomes continuity in Malta’s economic leadership

CONFIRMED: Malta’s finances improving at a better than expected rate

Malta with fifth month of lowest unemployment in Euro Area

Government registers best financial results since 2019

Tourism continues to recover gradually

The Miracle of Work

S&P Global Ratings confirm Malta’s A- rating

ONLY IN MALTA: fuel is cheaper than it was pre-COVID

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