ECB lowers key interest rates by 25 basis points in response to inflation outlook
While inflation remains high, the ECB projects it will ease in the second half of next year
December unemployment rate remains stable at 4.5%, at par with previous month
Youth unemployment rate for December 2020 stands at 11%
Tax practitioners back Finance Minister’s suggestion of reform on Malta’s tax regime
'The truth is that we do not really have any margin for error on this issue'
Central Bank notes weak levels of economic activity for December, despite registered improvement
Similarly, confidence increased in various sectors but still negative overall
Malta International Airport closes 2020 with 76% drop in passenger traffic
Uniform travel & testing requirements should complement a faster vaccine roll-out for recovery to start in summer 2021
2020 sees Europe car sales drop at record pace
Car sales across the European Union slumped by 23.7% in 2020
Bitcoin’s record bull run not enough to revive Blockchain Island – expert
The cryptocurrency’s value has tripled over the last months, but ripples have not been felt in Malta
HSBC urged to ‘reconsider its position’ on €5 monthly fee by Central Bank, MFSA
HSBC has agreed to temporarily suspend the customer contact programme in view of these on-going discussions
Bank loan moratorium to be extended to up to nine months
Borrowers have until 31st March to make use of the extension
Malta ports hit hardest in wake of COVID in Q2 2020
New data shows maritime goods handled by Malta ports fell more than 50%
EU households’ saving rate still high despite drop in Q3 2020
Business investment rate rose in the same period
‘It’s scary when the price of bitcoin just goes straight up’, says expert, as Bitcoin price plummets 25%
Bitcoin prices rout after record-breaking week
Commit to a timeline for SME fund, Sant tells EU
Labour MEP calls on European Commission to take concrete steps for creation of fund
‘It’s a slamming vote of confidence’: Crypto market tops $1tn for first time
Bitcoin hits all time high as overall crypto market soars to new milestone
Malta’s trade deficit narrows by €1.6bn in the first eleven months of 2020
When compared with the same period last year, Malta’s trade deficit narrowed, reaching €2bn
DBRS Morningstar confirms Malta’s A(high) rating with a stable outlook
The stable outlook reflects DBRS Morningstar’s view that risks remain balanced despite disruptions brought on by COVID