Watch: Robert Abela Says EU Deficit Milestone Gives Malta 'Financial Comfort' To Keep Investing 03.06.2026

Prime Minister Robert Abela announced that Malta is expected to exit the European Union’s Excessive Deficit Procedure, a development he described as a significant milestone that will provide the country with "financial comfort" to sustain investments. Malta's deficit has been brought below the EU's 3% threshold ahead of schedule, reaching 2.2%. This improved fiscal outlook grants the government greater flexibility to fund electoral promises, including enhanced maternity, parental, and paternity leave, increased IVF support, housing initiatives, and pension adjustments. Abela also highlighted plans to advance major projects like the regeneration of White Rocks and Grand Harbour, emphasizing a commitment to balancing economic strength with social investment.



















