Southern Cross Sicav has lengthy rap sheet of failures and shortcomings

Agency says light slaps on the wrist are a thing of the past

Support measures could have masked credit risk problems

Application process reformed following Moneyval recommendations

Businesses had previously faced high compliance and operational costs

Deficiencies in the country's regulatory environment were already considered in previous ratings

This figure represents an increase of €8.3 billion compared to a year earlier

At the height of the pandemic, household savings had reached all new highs with many businesses forced shut

John Dalli was found to have owned an offshore company in the British Virgin Islands when he was an MP

COVID aid measures and lower revenue continue to bite

Central Bank governor Edward Scicluna explains

Much of the pandemic recovery relies on debt

Recurrent revenue increased year-on-year by 24%, while expenditure increased by 11%

Malta's public spending has spiralled during the pandemic

Compared to the same period in 2020, there was a decrease in deficit of €46.8 million