There were no surprises in the European Commission’s autumn economic forecast for Malta. It confirmed that this year’s economic growth will be significant and that the momentum will carry over into the next year and the year after, albeit at a slower pace. The year-on-year government deficit as well as the national debt, both as a percentage of GDP, are expected to fall. That injects confidence and encourages further economic activity. Some points however merit attention. The results being...
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