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
European Central Bank hikes interest rates up a notch further
Euro area inflation is expected to remain above the 2% target by the end of 2023
Malta’s first green bond will finance investment in water network, installation of solar panels
The Water Services Corporation's investment will more than double its capacity to generate energy from renewable sources
‘A sea-change’: understanding the advantages of neobanking for business
Olegs Cernisevs, CTO of Blackcatcard, explains how ‘the small things’ can make a big difference
MFSA warns against crypto firm falsely claiming to be locally licensed
The unlicensed exchange made unauthorised use and reference to company details of a Maltese-licensed company
Late payments now subject to 12% interest
The legal interest rate for late commercial payments increased on 1st July
NAO pushes adoption of accrual accounting in Government ‘to obtain a true picture of its finances’
The adoption of accrual-based accounting for public service has been the subject of discussion for decades
Despite surge in income tax revenue, Malta Government finances remain in the red
The Government Consolidated Fund reported a deficit of €103.5 million
Economic certainty in Malta up while sentiment drops across all sectors
Both retail and industry sector sentiment turned negative
New ITS campus and Bugibba ferry dock lose EU funding amid revision of Malta’s RRF plan
The European Commission endorses Malta's €328 million modified recovery and resilience plan, up from €316 million
MFSA issues warning against unlicensed investment firm claiming to be a Maltese company
The firm claims to be locally registered and locally licensed
Central Bank will not ‘interfere’ in banks’ decision to change interest rates – Governor Edward Scicluna
Energy subsidies keeping inflation under control – at a price
Financial services sector employs over 17,000 workers in 2022
1 in every 16 people employed on the island is involved in the industry
Central Bank of Malta confirms it suffered DDoS attack
The CBM assured that no data was lost in the attack
Renewable energy investment scheme to lose licence for breach in MFSA rules
The scheme was also asked to change its name and remove any reference to licensable activities
Malta’s May inflation rate persists above eurozone average
The lowest annual inflation rate was recorded in Luxembourg, while the highest was registered in Hungary