June 10, 2020 With Covid-19 behind, Malta is now looking at stimulating the economy to bring it back to December 2019 levels. A massive boost has been announced by the Government yesterday evening launching a myriad of incentives, tax cuts, tax refunds and grants. The most significant is the one time property purchase tax of …
May 20, 2020 The government has allocated a budget of €2,500,000 for a scheme that will subsidise rent for new businesses. The subsidy will be applicable between 1st February 2020 and 31st December 2022. The Government said that the purpose of the scheme is to financially assist new businesses and self-employed that would like to …
Malta and Cyprus stand tall as covid wreaks havoc in Europe May 9, 2020 While Italy, Spain and the UK struggle to cope with the Covid-19 pandemic, Mediterranean islands as well as Greece are standing out as model countries to learn from. With very low mortality rates (to date 5 in Malta and 15 in …
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Malta Tops List for Economic Recovery Spending Package May 8, 2020 BBC reported that a study carried out by Columbia University economics professor Ceyhun Elgin shows that Malta is the most aggressive country worldwide in the economic fight against Covid-19 effects on the economy. Malta is assisting businesses in various ways, like wage subsidies to …
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Malta has 11 new Blue Flag beaches for 2020 May 3, 2020 Malta has 11 new beaches flying the Blue Fag for 2020, which means they are beaches of high standard including water quality, educational facilities, safety-related and access-related equipment and standards. The foundation remarked “having the Blue Flag waving is an assurance that the …
