Government & Politics
The Ministry for Transport and Infrastructure has recently been informed that the European Commission has closed the infringement proceedings against Malta, concerning the issue of the differentiated tariff structure for bus transport in Malta, which discriminated between the maximum fares applicable to residents of Malta and the fares payable by persons who are not residents [...]
At the end of 2013, the General Government debt amounted to €5,243.1 million, or 73.0 per cent of GDP, the National Statistics Office (NSO) confirmed.
Last year the biggest share of debt was held by the Financial Corporations sector, with 60.5 per cent, followed by the Households and Non-proﬁ t institutions serving households (NPISH), with 31.4 [...]
In the first four months of 2014 the deficit of the Government’s Consolidated Fund amounted to €238.2 million, the National Statistics Office revealed, widening the shortfall between recurrent revenue and total expenditure by €55.2 million