Michael Bonello, the governor of the Central Bank of Malta, outlines his country’s key economic strengths, especially in the financial sector, and explains what is being done to remedy any weaknesses.

Malta has a robust regulatory framework, but it is also a place where things can get done, with the MFSA, the single regulator, willing to advise firms so that their projects comply with regulations.

Malta's finance minister, Tonio Fenech, explains how the country has expanded its economy beyond its banking sector as part of the country's Vision 2015 plan.

Malta's domestic banking sector is small and follows traditional principles, yet a steadily growing international banking presence is capitalising on interesting new opportunities such as those presented by the island’s emerging fund management and insurance industries.

Malta has done well out of EU and eurozone membership, with clear benefits accruing not only to the financial services sector, but also to tourism and other sectors, as its prime minister, Lawrence Gonzi, explains.

International comparison indices rate Malta’s financial sector highly, proof that the banks, funds, fund managers, insurance companies and other firms that have set up business in the EU’s smallest country have made a good choice. 

Tonio Fenech, minister of finance, economy and investment of Malta
Malta has benefited from adopting the euro and its economy is doing better than many others in the eurozone, says its minister of finance, economy and investment, Tonio Fenech. Writer Michael Imeson

Dr Lawrence Gonzi, prime minister of Malta

Malta might be tiny but it is determined to make itself heard on the world stage. Dr Lawrence Gonzi, prime minister of Malta, explains how. Writer Michael Imeson