eu flags

The Ministry for Finance and Employment on Tuesday announced that Malta received the second tranche of €123 million nominal in financial support in the form of a loan given on favourable terms under the SURE Instrument from the European Commission.

The financial support is specifically targeted to assist member states to address sudden increases in public expenditure in response to the COVID-19 outbreak. It was designed to preserve employment, including self-employment and other related measures.

This amount represents the second and last tranche from the amount of €243.6 million nominal that was allocated to Malta last year in connection with the implementation of European Council decision regarding the establishment of a European instrument for temporary support to mitigate unemployment risks in an emergency (SURE) in response to the COVID-19 outbreak.

More details about this loan can be found in the table below:

 15-Year Loan
Nominal Amount€123,000,000
Coupon0.20%
Yield0.228%

MCESD discusses the National Strategy for Land Registration System Reform

February 14, 2025
by Nicole Zammit

Minister Stefan Zrinzo Azzopardi explained that a proposed reform aims to make Malta a fully registered land zone by 2035

Villa Corinthia’s Francesco Mazzei cooks for King Charles III and Queen Camilla at Highgrove

February 14, 2025
by Nicole Zammit

'An experience I will cherish forever'

Andaria and Laferla announce strategic partnership to power new financial app

February 13, 2025
by Sarah Muscat Azzopardi

The alliance promises to deliver an enhanced experience for Laferla's customers while supporting the insurance provider's expansion in fintech.