Malta
Malta’s deputy governor denies corruption allegations
Deputy governor of Malta’s central bank strongly denies allegations of bribe-taking and issues defamation writs; no official announcement on next governor, due to be appointed on July 1
Central Bank of Malta revamps main structural model
Version three of the ‘Stream’ model captures the interlinked nature of the fiscal and financial sectors, with extra detail added to the financial block and new data used for estimation
Maltese not ‘aggressive’ in restructuring assets in 2014
Financial Stability Report indicates core domestic banks re-balanced assets to boost returns but were not aggressive in their approach
Malta names Alfred Mifsud as deputy governor
Former chairman of Crystal Finance Investments joins the central bank as a deputy governor; he will ‘primarily’ focus on monetary policy during his five-year term
Research department split at Central Bank of Malta
Annual report reveals separation of economic forecasts and quantitative research into separate departments, as governor looks to boost capacity
Draghi wants shared sovereignty over structural reforms
ECB president fleshes out vision for ‘common governance’ of product and labour market reforms in the eurozone; advocates adopting an ‘institution-based approach’ to common governance
Bonnici disappointed by TLTRO take-up in Malta
Central Bank of Malta governor Josef Bonnici says it "would be a pity" if the country’s banks did not take advantage of the cheap funding on offer
Maltese banks see increase in non-performing loans
The domestic banks in Malta had to increase their provisioning levels further to respond to the credit risk, notes central bank
Malta denies granting refuge to Libyan governor
Central Bank of Libya confirmed Saddek Elkaber has sought sanctuary in Malta ‘for months', Libyan news site reports; minister claims governor ‘runs the bank' from island
Bonnici says Malta's economy weathering European storm
Central Bank of Malta governor says economy has been performing well despite the difficulties posed by eurozone weakness, with a strong banking sector and above-average profit for the central bank
Maltese governor says ECB’s policy will ‘take a while’ to hit periphery
Josef Bonnici attributes the drop in loans to the private sector in the eurozone’s stressed countries to the ‘weak and uneven’ monetary policy transmission mechanism
Maltese politicians clash over new deputy governor appointment
Move to appoint a deputy governor in charge of financial stability at the Central Bank of Malta led to opposition accusations of politicisation
Maltese governor paves way for co-operative banking
Josef Bonnici underlines value of competition in the banking sector; encourages change in legislation to permit the formation of co-operative financial institutions
Malta quarterly review presents mixed outlook
Quarterly review reports weak but improving economic activity; calls for government action to reduce debt and pursue structural reforms
Maltese governor involved in ‘minor incident’ in Libya
Governor of the Central Bank of Malta pays visit to Central Bank of Libya; involved in a “minor incident” while travelling from the airport into Tripoli
Malta governor reflects on turbulent eurozone
The governor of the Central Bank of Malta speaks on economic challenges in the eurozone; focuses on improving regulation and competitiveness to promote long-run growth
Moody’s alters sovereign debt ratings of nine EU countries
Austria, France and the UK see outlooks on Aaa ratings changed to negative; Spain and five other countries’ ratings are downgraded
Malta establishes financial stability forum
New forum includes members from authorities and key stakeholders in financial services industry; governor wants to ensure crisis never comes to Malta
Central Bank of Malta - Annual Report (2010)
Central Bank of Malta Annual Report 2010 says events in euro area could disturb economic recovery in Malta
Malta's Bonello warns of complacency over rapid recovery
Central Bank of Malta governor Michael Bonello says Malta's dependence on external demand growth creates vulnerability
Low savings widened Southern Europe's fiscal gap: IMF paper
Fund study finds lack of savings in Southern European countries caused large current account deficits to form in the run-up to the global financial crisis
Malta's Bonello: Basel II amendments ambitious and far-reaching
Central Bank of Malta governor discusses new proposals to amend the Basel II requirements following lessons from financial crisis
Malta - Quarterly Review
A slump in Maltese exports in the first quarter of 2008 had a negative impact on growth, the latest Quarterly Review from the Central Bank of Malta, published in August, states.
Maltese deputy wins third term
David Pullicino, the deputy governor of the Central Bank of Malta, is set remain in the role until 2013.