DBRS confirms Malta's A rating, but warns of energy subsidy plan

DBRS Morningstar has confirmed Malta’s A (high) rating, maintaining a stable outlook due to Malta's economic resilience, supported by robust tourism and service exports.Economic growth reached 6% year-on-year in early 2024, driven by domestic demand, substantial foreign labour inflows, and government support, the credit rating agency said. Although growth is expected to moderate to 3.5%...