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Malta holidays



Information about Malta

Great Britain formally acquired possession of Malta in 1814. The island staunchly supported the UK through both world wars and remained in the Commonwealth when it became independent in 1964; a decade later it declared itself a republic. Since about the mid-1980s, the island has transformed itself into a freight transshipment point, a financial center, and a tourist destination. Malta became an EU member in May 2004 and began using the euro as currency in 2008.

Malta's economy

Malta - the smallest economy in the euro zone - produces only about 20% of its food needs, has limited fresh water supplies, and has few domestic energy sources. Malta's geographic position between Europe and North Africa makes it a target for irregular migration, which has strained Malta's political and economic resources. Malta's fertility rate is below the EU average, and population growth in recent years has largely been from immigration, putting increasing pressure on the pension system. Malta adopted the euro on 1 January 2008. Malta's economy is dependent on foreign trade, manufacturing, and tourism, and was hurt by the global economic downturn, but fared better than most other EU member states. Malta has low unemployment relative to other European countries, and growth has recovered since the 2009 recession. Malta's financial services industry has grown in recent years and it has avoided contagion from the European financial crisis, largely because its debt is mostly held domestically and its banks have low exposure to the sovereign debt of peripheral European countries. The EU reopened an excessive deficit procedure against Malta in June 2013, having found that its forecasted deficit for the year was likely to exceed 3% of GDP.

Issues in Malta

none Refugees and internally displaced persons: refugees (country of origin): 5,543 (Somalia) (2013) Illicit drugs: minor transshipment point for hashish from North Africa to Western Europe



Prices in Malta (1 EUR = 1.09 USD)
Meal in inexpensive restaurant10 EUR
3-course meal in restaurant (for 2)47.5 EUR
McDonalds meal7.13 EUR
Local beer (0.5 draft)2.21 EUR
Foreign beer (0.33 bottle) 2.2 EUR
Cappuccino1.51 EUR
Pepsi/Coke (0.33 bottle)1.26 EUR
Water (0.33 bottle)0.9 EUR
Milk (1l)0.78 EUR
Fresh bread (500g)1 EUR
White Rice (1kg)1.85 EUR
Eggs (12) 1.89 EUR
Local Cheese (1kg) 6.17 EUR
Chicken Breast (1kg) 5.93 EUR
Apples (1kg) 2.28 EUR
Oranges (1kg) 1.51 EUR
Tomato (1kg) 1.59 EUR
Potato (1kg) 1.06 EUR
Lettuce (1 head) 1.2 EUR
Water (1.5l)0.65 EUR
Bottle of Wine (Mid-Range) 5.55 EUR
Domestic Beer (0.5 bottle)1.45 EUR
Foreign beer (0.33 bottle) 1.36 EUR
Cigarettes4.66 EUR
One way local bus ticket1.49 EUR
Monthly pass for bus28.63 EUR
Taxi start7.92 EUR
Taxi 1km1.43 EUR
Taxi 1hour waiting7.84 EUR
Gasoline (1 liter) 1.58 EUR
Utilities for a "normal" apartment99.38 EUR
Tennis Court Rent (1 Hour on Weekend) 8.83 EUR
Apartment (1 bedroom) in City Centre 436.1 EUR
Apartment (1 bedroom) Outside of Centre 298.02 EUR
Apartment (3 bedrooms) in City Centre 876.63 EUR
Apartment (3 bedrooms) Outside of Centre 569.22 EUR

Articles about Malta
Intro to travelling in Malta
Alone, in Malta - Malta rules!

TripAround members in Malta

Travel offers to Malta

Events in Malta

Cheap hotels in Malta


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