As from 7th March 2022: 

• Quarantine will be reduced to 7 days for travelers arriving from Dark Red List Countries (following a negative PCR test).
• Malta will recognize certificates with WHO-approved vaccines even if not approved by the EMA (as long as the certificate is recognized by the superintendent of public health and a negative PCR test is presented upon arrival).
• Establishments can remain open until their licence operating time.
• No quarantine is required for non-vaccinated secondary contacts.
• Quarantine will be reduced to 5 days for non-vaccinated primary contacts  (subject a negative PCR test).

In its winter forecasts, the European Commission predicts Malta’s economic growth for 2022 will reach an impressive 6% of GDP, which is 2% points higher than the average projected growth of 4% for the entire EU.

The EU forecast says Malta is expected to reach pre-pandemic levels of economic activity around mid-2022.

Read the full article here: https://timesofmalta.com/articles/view/malta-projected-to-have-eus-highest-economic-growth-for-2022.933568

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Everyone is feeling the pinch with rising household costs across the world. According to the Euro stats report of January 2022* Malta registered the lowest annual inflation rate of 2.6% within the EU which as a whole had an average inflation rate of 5%.

How has Malta’s inflation rate managed to keep so low you may ask yourself; this is mainly due to the Energy policy implemented by the current government. This ensures gas and electricity prices are keep at a fixed rate. Though Malta has seen increase in food prices the average rise in household costs in Malta are significantly lower compared the rest of Europe.

Many countries in Europe have suffered large energy price hikes seriously impacting every household. Take for example The Netherlands where the average household gas and electricity bill has risen from €100 per month to a staggering €175 per month. Cyprus also saw a large hike taking their household energy bills from €100 per month to €137.*

Sadly, with the current tension on the Ukraine-Russia border, energy prices could increase further.

*Sources: Eurostat, The Journal MT

Congratulations on the appointment of Roberta Metsola to the president of the European Parliament, she was elected in a landslide victory. This is excellent news for Malta and its recognition on the world stage.

https://youtu.be/140JUE0pnlU