On 10th April, the European Commission published its In-depth review for Malta under the 2011 Regulation on the prevention and correction of macroeconomic imbalances. The report looked at Malta’s financial stability and more specifically at the position of Maltese banks. While it recommends some corrective measures, the economic situation appears stable and the outlook positive. It adds that “the majority of the very large financial sector is internationally-oriented with very little link to the domestic economy, and therefore does not pose large risks for domestic stability.”
To read or download the report, click here.