Malta will register greatest economic growth in 2019 and 2020 – the EU Commission


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The European Commission has once more confirmed that this year and in the coming year Malta will register the greatest economic growth among the 28 EU Member States. In its summer economic forecast the EU Commission said that Malta’s economic growth should attain the level of 5.3%, that is, three times the EU average.

The Commission’s economic analysts also forecast an economic growth of 4.8% in the coming year but on the other hand said inflation will increase by 0.1% in 2091 and 2020.

With a growth of 4.4%, Hungary and Poland are forecast to register the second largest growth, followed by Ireland and Romania at 4%. Next year, after Malta, the second largest economic growth is forecast for Romania at 3.7%, followed by Poland (3.6%), Bulgaria and Ireland (both 3.4%). The EU average growth for this year is expected to be 1.4% and 1.6% next year.

View the full article here: tvm.com.mt