Maltese governor talks on country's challenges

In his annual address to the Institute of Financial Services on Thursday 10 November, the governor of the Central Bank of Malta Michael Bonello identified the need to return the economy to a path of faster and sustainable growth as the country's priority objective. Three major challenges have to be faced in the meantime: globalization, the sharp increase in fuel prices and changes in Malta's demographic profile.

While he recognized the progress achieved through fiscal consolidation and a

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