Minister of Finance, the Economy and Investment Tonio Fenech delivered a press conference in reaction to the European Commission’s Autumn Economic Forecast ...

Minister of Finance, the Economy and Investment Tonio Fenech delivered a press conference in reaction to the European Commission’s Autumn Economic Forecast. Minister Fenech welcomed the Report’s conclusions, highlighting Malta’s higher level of economic growth amongst its EU counterparts and its improved financial stability. Earlier today, the European Commission also announced its proposal to lift Malta’s Excessive Deficit Procedure in view of the improvement in Malta’s public finances and the level of financial sustainability which is being achieved.