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Central Bank gearing up for EMU membership
- timing of ERM II membership dependant on progress in
convergence
By Julian
Manduca
While a number of countries including, recently, the UK have
held wide-ranging debates on the prospects of adopting Europe’s single
currency, Malta will not have the same option as European Union membership
itself obliges Malta to adopt the euro as its currency. READ
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EU ratification the PM wants a stronger
hand
- Labour won’t let him have it
By Matthew
Vella
"This bill we have in front of us is introducing… the way we shall
be proceeding in our obligations laid out in the Accession Treaty which
are…why not use the word?… dictatorial." READ
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Official
interest rates lowered for second month running
By
David Lindsay
The Central Bank of Malta yesterday lowered the central intervention
rate by 25 basis points to 3.25 per cent, a reduction equal to last
month’s rate cut. READ
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