ARTICLE
13 May 2014

Macroeconomic Imbalances – Malta 2014

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Fenech Farrugia Fiott Legal

Contributor

Fenech Farrugia Fiott Legal is a Malta-based law firm which provides a comprehensive range of services to the highest calibre of individuals and businesses. Its clients are sophisticated and dynamic and this is reflected in the way that the team challenges the conventional, and strives for excellence at every opportunity. The firm has a wealth of experience representing clients in a broad spectrum of specializations. Its partners, associates and consultants are all practising lawyers who work within the different practice areas.
In April 2013, the Commission concluded that Malta was experiencing macroeconomic imbalances.
Malta Finance and Banking

In April 2013, the Commission concluded that Malta was experiencing macroeconomic imbalances arising from the significant exposure of the financial sector to the property market and the risks for the long-term sustainability of public finances. In the Alert Mechanism Report (AMR) published on 13 November, the Commission found it useful, also taking into account the identification of imbalances in April, to examine further the persistence of imbalances or their unwinding. To this end, this in-depth review (IDR) provides an economic analysis of the Maltese economy with the scope of the surveillance under the Macroeconomic Imbalances Procedure (MIP).

Link to publication for the full report

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