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3,800 new companies registered in first nine months of this year

Minister for Finance, Prof. Edward Scicluna noted that 3,800 new companies have been registered by September 2016, bringing the total number of registered companies up to around 50,000.   Speaking at the Annual Company Law Conference organised by the Department of Commercial Law within the University of...

Brexit court defeat for UK government

Parliament must vote on whether the UK can start the process of leaving the EU, the High Court has ruled. This means the government cannot trigger Article 50 of the Lisbon Treaty - beginning formal discussions with the EU - on its own.   Theresa May says the...

MFSA Regulatory Briefings

Save the Date – 2nd December 2016   As part of its commitment to engage with the financial services industry the MFSA will be initiating a series of Regulatory Briefings.   The first Regulatory Briefing will be held on Friday 2 December 2016. During this Regulatory Briefing the MFSA...

2016 deficit continues its decline in September

The Ministry for Finance welcomes the latest statistics published by the National Statistics Office (NSO) showing a decrease of €98 million in the consolidated fund deficit between January and September 2016 when compared with the same period last year.   The reduction in the deficit is buoyed...

Standard and Poor’s upgrades Malta’s credit rating to ‘A-’

“The budgetary measures and reforms carried out by government in the last three years have been vindicated to the full by the latest credit rating report by Standard and Poor’s which raised Malta’s rating from ‘BBB+’ to ‘A-’, the first time it raised Malta’s credit...

Lower deficit registered in first eight months of 2016

A surplus of €61.9 million was recorded in the consolidated fund during the month of August while the deficit for the first eight months of this year decreased to almost half that recorded last year.   This data emerged from the latest Government Finance Data issued today...

Malta ranked at the top of the EU Scoreboard

Malta has continued to rank among the top 5 European Union Member States according to the latest Competitiveness scoreboard published by the European Commission today.   The Minister for the Economy, Investment and Small Business Chris Cardona attended the Competitiveness Council meeting in Brussels where EU Ministers...

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