Category: Financial News

16 Jan, 2009

Government debt up €251.2 million in September

In the third quarter last year, the General Government account registered a deficit of €50.0 million compared to a deficit of €36.4 million for the same quarter in 2007. In the 3rd quarter of 2008 total revenue amounted to €559.2 million

ECB's Governing Council reduces interest rates by 50 basis points

Financial News

15 Jan, 2009

ECB’s Governing Council reduces interest rates by 50 basis points

At a meeting held in Brussels today,Thursday, the 15th of January, 2009 the Governing Council of the European...

Annual rate of inflation rises to 5 per cent

Financial News

15 Jan, 2009

Annual rate of inflation rises to 5 per cent

In December 2008 the Harmonised Index of Consumer Prices edged up to 108.85 from 108.66 in November, up by 0.2 per cent over the previous month. This was primarily due to an increase of 2.1 per cent in the Food and Non- Alcoholic Beverages

Sharp drop in exports and imports in November

Financial News

9 Jan, 2009

Sharp drop in exports and imports in November

Provisional data for international trade show that the visible trade gap in November 2008 stood at €101.0 million, down by €0.5 million compared to the same month in 2007.

There was a decrease in imports of €59.1 million

BOV to provide financial assistance to agricultural sector

Financial News

7 Jan, 2009

BOV to provide financial assistance to agricultural sector

Bank of Valletta is providing financial assistance to the local agricultural sector by introducing a new financing package to support agricultural and rural development projects eligible for EU funding