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Malta

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.

Malta - Annual Report 2007

Fiscal policy is the only short-term countercyclical instrument available since Malta joined the eurozone, said Michael Bonello, the governor of the Central Bank of Malta, in the latest Annual Report.

ECB Annual Report 2007

The third enlargement of the euro area, which took place on 1 January 2008 when Cyprus and Malta adopted the single currency, occurred in a smooth and efficient manner, Jean-Claude Trichet, the president of the central bank said in his introduction to…

Cyprus and Malta join gold agreement

Cyprus and Malta, the two newest members of the eurozone, have signed up to the Central Bank Gold Agreement, which limits the amount of gold cooperating institutions can sell.

ECB could hike rates, says Orphanides

The European Central Bank's rate-setting governing council will not rule out raising interest rates, Athanasios Orphanides, a member of the council and governor of the Central Bank of Cyprus, said on Thursday.

Papademos on euro adoption in Malta and Cyprus

In this speech, Lucas Papademos, the vice-president of the European Central Bank, discusses the adoption of the euro in Malta and Cyprus. The two island economies will adopt the euro on 1 January 2008.

Interview with Malta's Bonello

In a recent interview, the governor of Malta's central bank, Michael Bonello, sought to assuage fears that the changeover to the euro in 2008 would lead to price rises.

Central Bank of Malta - Annual Report 2006

According to the Central Bank of Malta's Annual Report 2006, the past year was marked by decisive progress towards the satisfaction of the Maastricht convergence criteria and the objective of an early adoption of the euro.

ECB member positive on low eurozone inflation

ECB Executive Board member Gertrude Tumpel-Gugerell said in an interview with Viennese daily Der Kurier that Europe's growth prospects remained "very positive" and eurozone inflation will probably stay below 2% this year.

ECB issues warning to euro hopefuls

Some of the new members of the European Union lining up to adopt the euro will likely have to wait until the end of the decade, the European Central Bank said Tuesday 5 December.

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