• Updated: Malta suspending Schengen agreement until December 3

    November 03, 2015 // Business News

    Malta will be temporarily suspending participation in the Schengen agreement between midnight and December 3 re-imposing border controls for all passengers, sources told timesofmalta.com. The agreement is being suspended as a security measure in view of the Valletta Migration Summit being held on November 11 and 12 and the Commonwealth Heads of Government meeting between November 27 and 29.

  • Over 4,000 people, several heads of government, heading to Malta for migration, CHOGM summits

    October 31, 2015 // Business News

    More than 4,000 people, including several top world leaders are expected in Malta for the upcoming EU-Africa Migration summit and the Commonwealth Heads of Government Meeting. Some 43 heads of government, including the heads of 26 EU member states, have confirmed their attendance to the Valletta Summit on Migration which will be held between November 11 and November 12.

  • Fiscal Measures Announced in the 2015 Malta Budget

    October 13, 2015 // Business News

    Professor Edward Scicluna, the Minister responsible for Finance, delivered the 2015 Budget Speech on the 17th November 2014 against a backdrop, once again, of positive economic growth. This brief update looks at some of the more salient fiscal measures announced in the 2015 Budget Speech, particularly as these will provide incentives for economic growth whilst alleviating the tax burden on individuals generally.

  • Britain attacks ‘broken’ EU open borders system

    August 31, 2015 // Business News

    Europe’s migration system is broken, British Interior Minister Theresa May wrote yesterday, blaming its borderless system for exacerbating a migrant crisis and demanding tighter European Union rules on free movement.

  • Malta retains highest sense of economic optimism in Eurozone

    August 29, 2015 // Business News

    Economic optimism amongst Malta's construction sector reaches highest level since EC started commissioning such surveys in 2002. Malta has retained its position as the most optimistic country in the Eurozone, according to the most recent European Commission survey.