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.
Western Europe
Latest articles from Western Europe
Malta's regulatory regime is firm but flexible
March 22, 2011Malta 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.
Maltese prime minister on the benefits of the euro
March 22, 2011Malta 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.
Malta: a small island making a big impact
March 22, 2011International 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.
António Horta-Osório moves out of his comfort zone
March 22, 2011Lloyds Banking Group's new CEO, António Horta-Osório, had an easy option: to stay at the helm of Santander UK and await inevitable promotion. Instead, he left to front the bailed-out UK bank.
EU proposals on naked short-selling will damage liquidity
March 21, 2011Since the Greek sovereign debt crisis unfolded, many European politicians have accused speculators of using credit default swaps to bet on sovereign default and thereby intensify a debt event. Research – some by the European Commission itself – has shown that this causal relationship does not exist. Yet there is significant support for action.
E.ON sets new precedent for German buybacks
March 17, 2011E.ON's recent liability management exercise shows that German companies can indeed successfully tender for outstanding debt, and may encourage others to follow.
Is European venture debt gone for good?
March 14, 2011As the financial crisis all but decimated venture debt in Europe, the possibility of its return is a thorny issue. While some countries are seeking alternative methods to fund start-up companies, others are preparing for business as usual.
CRD amendment captures more than securitisations
February 23, 2011Regulators hope new requirements for retaining economic risk in securitisation transactions will better align the interests of originators and investors. Bankers fear that it will hike costs and capture other transactions.
BarCap's equity franchise begins to kick
February 18, 2011Barclays Capital is most of the way through its audacious bid to transform its fixed-income prowess into an integrated investment banking offering. There are signs that the investment and effort are beginning to pay off in the equities business.