Moody's Affirms A2 Rating For Malta With Swift FATF Greylist Exit

Credit rating agency Moody's has affirmed Malta's long-term ratings at A2, changing its outlook from negative to stable.

Moody's said Malta's swift exit from the FATF greylist reflected a firm and steady commitment from the local authorities to comply with international standards and enhance the country's institutional setup. "The exit is likely to improve the business climate by significantly reducing the reputational risk attached to the grey listing, shifting the focus towards Malta's traditional strengths such as a competitive tax environment, an existing entrepreneurial ecosystem and the widespread use of English."

Moody's said Malta had a wealthy, fast-growing economy and solid debt affordability that placed it at par with peers on institutions and governance strength and fiscal strength.