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September 2019

Energy taxation discussed at the Informal ECOFIN in Helsinki

“While Malta is aware that the Energy Taxation Directive needs to be updated to reflect present day realities, and to help promote the use of renewable and clean energy sources, the removal of tax exemptions on aviation and shipping fuels will have serious repercussions on many member states, including Malta, unless tackled internationally. Ships will bunker tax-free outside the EU waters while new aviation taxes would hamper connectivity of peripheral ... [+]

Standard and Poor’s affirms Malta’s rating at A-/A-2 with a Positive Outlook

Il-Ministeru għall-Finanzi jilqa’ bi pjaċir l-aħħar credit rating tal-aġenzija internazzjonali Standard and Poor’s li kkonfermat ir-rating ta’ Malta ta’ ‘A-/A-2’ bi prospetti pożittivi. Skont din l-aġenzija rinomata l-prospetti pożittivi ta’ Malta huma frott it-tkabbir ekonomiku b’saħħtu, surpluses konsistenti fil-kont kurrenti tal-pajjiż xprunat l-aktar mill-esportazzjoni tas-servizzi, u t-titjib fil-pożizzjoni tal-gvern f’dak li għandu x’jaqsam ... [+]