Central Bank Outlook: Malta’s growth is forecast to stay resilient, with GDP growth at 3.8% (2026), 3.6% (2027) and 3.8% (2028), while inflation eases to 2.2% by 2026 and 2028 and the budget deficit narrows to 1.6% by 2028. MFSA Enforcement: The Malta Financial Services Authority issued €570,673 in penalties in 2025, with regulatory reporting breaches driving most enforcement actions. KM Malta Airlines: KM Malta is reportedly in a worsening financial bind, with losses already in double-digit millions and pressure around the delayed publication of its first audited accounts. Energy & Power: Eurostat data shows solar overtook hydropower in the EU’s electricity mix in 2025, while Malta’s own renewable share remains low at 11.2%. Fraud Watch: Police issued an urgent warning about fake tax refund text messages that trick people into sharing card details. Travel & Malta’s Position: Malta ranks in the top five for autumn sunshine getaways, and the island is also listed among destinations in MSC’s winter cruise reshuffle. Shipping & Trade Risks: Black Sea attacks continue to hit grain and merchant vessels, adding pressure to global supply chains. Golden Visas Trend: Wealthy Californians are increasingly seeking residency abroad via “golden visa” routes, with Malta appearing in the broader retirement-cost rankings. Business & Governance: A new BOV Home Finance Hub opens in Mosta, while Malta’s school board prepares budgets, staffing and transport for the 2026-27 year.