AGP Executive Report
Last update: an hour agoBudget and Energy: Budget 2027 allocates more than €370 million to the energy and environment ministry, alongside €400 million in subsidies to shield households and businesses from energy-price swings. Plans include grid upgrades, a second interconnector and battery storage. European Investment: India’s Adani Ports agreed to buy Evos for an enterprise value of €2.56 billion. Evos operates eight liquid-storage terminals across Europe, including one in Malta, giving the deal a local foothold. Tourism: Malta backed the EU’s sustainable tourism strategy, urging a shift from visitor numbers towards quality and value while protecting the islands’ natural and cultural assets. Business and Renewables: Melita invested €2.56 million in a solar farm at Mqabba, with all its electricity supplied to the national grid. Competitiveness: European Parliament President Roberta Metsola called for less red tape and more investment to boost EU growth, while Malta’s tourism minister stressed that island connectivity must be considered in European policy.
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