“More ambitious proposals for economic growth were expected” – Silvan Mifsud, Director, Advisory Services Given the unprecedented circumstances, the 2021 budget is focused at addressing the immediate economic threat presented by the Covid-19 pandemic as well as presenting social support. In the short run (next 6 months till March 2021), the extension of the wage...
On October 6,2020 the Council of the EU has released the updated list of non-cooperative jurisdiction for tax purposes. The EU list of non-cooperative jurisdictions was established in December 2017 and is being updated twice per year. In such list appear only non-EU jurisdictions that either have not engaged in a constructive dialogue with the...
Following a downward slip in Consumer Confidence in August 2020, Malta’s consumer sentiment improved slightly in September 2020, based on a survey released by EMCS Ltd, on behalf of the European Commission.  The findings are based on a survey of 1000 randomly selected households, conducted during the first three weeks of September.  The same survey...
Kurt Muscat, Senior – Executive Advisory Services at EMCS commented, “While it may seem like lower prices are good, deflation can ripple through the economy. Often deflation causes high unemployment, and can turn a bad situation, such as a recession, into a worse situation, such as a depression.” In August 2020, a month in which...
Restoration works at the Balzan parish church have been concluded. The works, which cost €122,000, included the restoration of Chapel of the Crucifix, the outer walls of the sacristy, the belfry and the clocks. Material that had been stuck to the outer walls was removed and the stone was cleaned from pollution. EMCS has been...