Tag: Malta
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The Labour Party twice lied about the EU’s Fiscal Forecast
The Labour Party has lied twice this week about the EU’s fiscal forecast on Malta. As explained here, the forecast is based on the Labour government’s pre-election fiscal estimates. The EU fiscal forecast does not include the newly pledged €0.5 billion expenditure in subsidies for next year. When the press asked Finance Minister Clyde Caruana…
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At least €60 million in additional fuel and electricity subsidies so far
The Maltese government has already spent up to €60 million in additional fuel and electricity subsidies to tamp down fuel and electricity prices which have risen as a result of the war in Iran. This will push the overall bill for the fuel and electricity subsidies for this year way above the €200 million mark.…
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Malta name 32-Man squad for historic Rugby Europe Promotion Play-Off against Austria
Malta national rugby union team have announced a 32-man squad for Sunday’s historic Rugby Europe Trophy promotion play-off against Austria national rugby union team at the National Stadium in Ta’ Qali. The encounter will mark a landmark occasion for Maltese rugby as it will be the first time the national rugby team plays at the…
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Inflation in Europe and Malta gets sticky: CPI at 3%
Inflation in Europe and also in Malta is getting sticky due to the consequences of the war against Iran with the latest Eurostat Consumer Price Index reading for April in the Euro area coming at 3%. The reading for March was 2.6%. In the EU it was up by 3.2%. The highest inflation rates were…
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Away from our shores but not away from our flag? Maltese-flagged vessels keep selling Russian oil
Despite calls by Deputy Prime Minister and Minister for Foreign Affairs Ian Borg urging Europe to keep the Russian shadow fleet away from European shores, Maltese-flagged vessels remain deeply integrated in the Russian oil trading industry. The Foreign Minister made these appeals after Ukraine struck a Russian gas-laden ship just outside Maltese waters. The Russian…
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Maltese manufacturing industry is becoming more efficient but produces and exports less
According to the latest NSO statistics, the efficiency and productivity rate of industrial production increased by 4.5% during the first quarter of this year. The largest increase in productivity was recorded in intermediate goods, which rose by 12.1%, followed by energy at 7.4% and capital goods at 2.2%. Consumer goods, however, declined by 2.4%. The…
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Malta wakes up to traffic gridlock as traffic crisis remains ignored in general election campaign
Malta woke up to traffic gridlock today with major roads arteries blocked. Traffic disruption was particularly severe in the northern corridor between Mellieħa, St Paul’s Bay, Burmarrad and Mosta after parts of the St Paul’s Bay bypass and sections of the Coast Road experienced closures and diversions. Heavy congestion was also reported across the Marsa–Valletta…
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Why doesn’t Joseph Muscat become Labour Party leader again right away?
It’s so highly unusual that a previous party leader features so strongly in the general election campaign that Joseph Muscat is starting to look like Vladimir Putin promoting his little and intoxicated Medvedev-like puppet. Two things are basically happening here. The Labour Party is rehabilitating Joseph Muscat and effectively white-washing his past, implying he has…
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Maltese officers leave Lebanon as UNIFIL mission comes to an end: EU wants to extend it
Armed Forces of Malta officers participating in the United Nations Interim Force in Lebanon (UNIFIL) have travelled to Ireland ahead of their return to Malta as the mandate of the UN peacekeeping mission in southern Lebanon comes to an end in December this year. The Maltese officers had been serving as part of the Irish-led…
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Home ownership rate keeps decreasing as private living spaces become smaller
According to the latest NSO EU-SILC 2025 statistics, Malta’s home ownership rate continued to decline while the country’s housing stock kept shifting toward apartment-style living. The survey found that 4.7% of persons living in private households were living in overcrowded dwellings, up by one percentage point from EU-SILC 2024. Home ownership remained the most common…
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The new Labour Party’s economics is similar to Peronism
The new trend of Labour Party economics isn’t new and neither innovative. Direct subsidies have been the common feature of Third-World economies where there is a wide discrepancy between the average and minimum salaries and the cost of living. That a government needs to issue subsidies is also a sign of the weakness of the…
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Chevron’s full press release on Malta’s oil exploration study
This is Chevron’s full press release about its newly-awarded exploratory license in the Maltese Continental Shelf. Parts of it were already reproduced by the local press but we are reproducing it here in full for reference purposes. This announcement was in the offing for some time, but the Labour government has kept its announcement for…
