It’s remarkable how incredibly out of touch and disorientated the Labour government and its MPs have become. This should be expected among a group of MPs in a criminal organisation whose main and primary interest its own enrichment and the enrichment of its own members.
None of the Labour MPs are able to speak honestly about inflation and not even the Minister for Finance who has racked up a reputation of telling truth to power. I wonder for how long his impression will continue successfully. Society is already passed its breaking point with the lowest birth-rate in Europe. The recovery of this rate doesn’t look anywhere near.
According to the Eurostat’s data, Malta had the fourth most expensive food prices in the EU in 2024 followed by France, Ireland, Denmark and Luxembourg. To put further context, Malta has rich country’s food prices and poor country salaries. In 2024 Malta recorded an average salary of €33,499, below the EU’s average of €39,808.
Now put that into perspective the very high cost of housing in Malta. A 75 metres squared two-bedroom apartment (unfinished) apartment in Marsascala costs a minimum of €300,000.
Malta has cosmopolitan-city prices despite having up to half of its economy based on precarious jobs, a dysfunctional state with a corrupt government, and horrible (or no) infrastructure except for roads that are always jammed with traffic. We’re basically like a very expensive First-World ghetto.
Malta has ever growing inflation risks especially with regard to food and energy.
COLA used to supposedly address cost of living but the increases in salaries are so low that’s no longer even considered a suitable variable to offset inflation. Subsidies are the new major policy and supposedly, the Labour government intends to keep issuing subsidies as long as inflation persists.
No one is taking these matters seriously because the political discourse keeps being degraded.
Website Editor
Historian and Publisher
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