Cost of Living 2025: Top concerns across age groups A new survey conducted by EMCS has shed light on the biggest concerns regarding the cost of living in 2025, offering valuable insights for policymakers and businesses looking to address financial challenges faced by different demographics. Overall Concerns The majority of respondents (49.95%) identified grocery prices...
Macroeconomic Overview Malta’s real GDP growth is expected to be 4.9% for 2024 and 4.3% for 2025, with domestic demand remaining the main contributor to economic growth in 2025. Inflation is projected to be 2.5% in 2024 and to ease to 2.1% in 2025. The Cost-of-Living Adjustment (COLA) for 2025 will be set at €5.24...
As from this year the yachting chartering industry may benefit from a reduced VAT rate of 12%. The reduction of VAT rate was introduced to further boost the yachting industry and promote Malta as a prime yachting destination in the Mediterranean. Malta is a recognised centre of excellence within the yachting industry. Its yachting register...
EMCS a leading advisory and tax company is proud to announce its 40th anniversary in business. Since its establishment in 1983, the company has achieved significant milestones and has become a trusted name in the industry. To mark this special occasion, EMCS recently hosted an event at its new office premises located at Centris Business...
Macroeconomic Overview Malta’s economy is expected to grow by 4.1% in real terms by end 2023. Inflation in Malta for 2023 is expected to be 5.7% In 2023, Malta’s economy is expected to grow by 4.2% (real terms). Domestic Demand is expected to remain strong. Inflation in Malta next year is expected to be lower,...