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ARTICLE · 21 NOVEMBER 2012

Malta And Its Economy

Malta joined the European Union on 1 May 2004 and adopted the Euro as its national currency in 2008

MaltaFinance and Banking
Cliff Pace
Cliff Pace

Malta joined the European Union on 1 May 2004 and adopted the Euro as its national currency in 2008. Malta's political, economic, cultural and historical links to Europe can be traced back for many centuries, due to its geographically strategic location at the cross-roads between East and West.

Malta is a fast developing financial and business centre right at the heart of the Mediterranean, an island which boasts an advanced communications set up and a business environment which gives every incentive to companies operating here, to invest, grow, innovate and compete in the global marketplace. Boasting a highly educated and English speaking workforce, a European time zone, a Mediterranean lifestyle as well as excellent air and sea connections to continental Europe and beyond, Malta is now recognized internationally as a low risk jurisdiction benefitting from economic and political stability which makes the Island a safe and secure place to do business. It also has

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