Raising the minimum wage by such an amount would likely result in a wage increase across the board, giving rise to increasing costs to the private sector which would experience higher costs of production. Volt Malta, a new Pan-European political party contesting the 2022 elections is proposing a minimum wage increase to €1,100 per month...
Increasing prices. Long shipping delays. Out-of-stock products. A nightmare of supply chain issues. You may or may not be aware, but there’s an ongoing global logistical nightmare – the effects of which have been felt even in tiny Malta. Since 2018, political bickering between the US and China has resulted in massive volatility in supply...
Monday’s budget speech was Mr Clyde Caruana’s first as Finance Minister. As with every budget, it’s now on everybody’s lips. However, you may feel left out, maybe aware of some of the proposals but not really knowing what to think of this year’s budget measures and lost in the 90-page speech. If you are tired...
As the smoke of the pandemic slowly clears and hospitalisation rates fall, Malta still faces a number of challenges, as minister Clyde Caruana looks to present his first budget as the country’s top dog in financial and economic matters. The pre-budget document suggests that the government will focus on living standards and economic growth whilst addressing environmental issues.
Let’s face it, buying a property is a headache on so many levels. It often requires years of saving, followed by practically a lifetime of paying off debt. On top of this, the actual process of acquiring a property can be long, tedious, and consists of so many steps, each with its own potential hiccups....