About Malta
Malta is a Southern European island country comprising an archipelago in the Mediterranean Sea. The country covers just over 316km² (122 sq. mi), with a population of just under 500,000. Malta became a member of the European Union (EU) in May, 2004, subsequently starting making use of the Euro (€) currency in 2008.
Nowadays Malta is facing new challenges. The Mediterranean region is experiencing a period of instability and conflict. Nonetheless Malta offers stability and certainty. This, together with our constant investment and the Maltese Government’s targeting the financial services sector as the next growth sector, is capable of providing Malta with a competitive edge. Tourism has always been the first sector to develop, based on the sun and sea concepts.
The resultant success was that with the development of each sector, Maltese entrepreneurs and workers evolved to acquire the necessary skills and expertise and this allowed Malta to remain competitive.
Presently, Malta is preparing to assume the Presidency of the Council of the EU in 2017, while Valletta, its capital city, has been designated as the European Capital of Culture 2018.