Current Affairs
EU Commission approves Malta’s 2020 Budget

The EU Commission has approved Malta’s Budget for the coming year after judging this confirms to the EU’s Pact for Stability and Growth, 2020.

In a statement, Finance Minister Edward Scicluna noted with satisfaction that Malta is one of nine states in the Euro Zone whose 2020 Budget was placed in the highest category by the EU Commission. The Minister said the group includes Germany, Ireland, Luxembourg, Holland and Austria.

The Government’s Budget now needs to be approved by the Council of Europe in the coming month.

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