The Malta Independent 27 September 2026, Sunday
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Federal eurozone structure can be detrimental to small EU states like Malta - Alfred Sant

Saturday, 14 October 2017, 08:06 Last update: about 10 years ago

Maltese MEP and former Prime Minister Alfred Sant said that a strong eurozone is in Malta’s interests but warned that new structures of a federal nature being proposed by the EU, like the introduction of a eurozone Finance Minister should not be introduced to the detriment of small states like Malta. Dr Sant launched Malta u l-Ewro (3) Malta & the euro, in the presence of a large audience at the FORTRESS BUILDERS, Valletta. This is the third volume of a  bi-lingual publication which provides a Maltese perspective of developments as they unfolded within the eurozone between 2015 and the end of the Maltese Presidency of the EU in mid-2017.

“The 2008 crisis appears to be over, but economic and social diversions are emerging between countries and regions within the eurozone. An essential challenge has become that of determining how this dangerous divergence can be overcome.” remarked the Maltese MEP.

The third volume features the latest dramatic chapter of the Greek crisis, the efforts to bolster economic growth in Europe, the impact of Brexit on the eurozone and the debates about the eurozone’s future now that the years of crisis seem to be over.

The publication also includes a story line of the facts related to the introduction, development  and turbulences of the Euro between 1997 and June 2017. The book should serve as an indispensable tool for Maltese students citizens wishing to understand the factors that condition the performance of their national currency.

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