AGP Executive Report
Last update: 6 hours agoTourism: Cruise passenger numbers fell 7% year on year to 325,681 in the third quarter. Budget 2027 will raise the nightly visitor levy to €8 for hotel guests and €10 for short-term rentals from January, with a new €10 charge for cruise passengers. The hotels association warns the added costs could weaken Malta’s competitiveness. Budget and Business: The Government is committing another €400 million to energy subsidies and forecasts 3.8% growth in 2027. The Malta Chamber welcomed social support but called for a stronger plan to lift productivity and long-term growth; business groups also warn higher fees for foreign workers may push up costs. Public Investment: All three bids for a new 300-bed hospital exceed the €1.3 billion budget, ranging from €1.74 billion to €1.87 billion. KM Malta Airlines: The Government says it is in preliminary talks with several potential strategic partners, but no deal or ownership arrangement has been agreed.
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