Malta’s debt interest bill has exploded by over €100 million in five years

Malta, under Finance Minister Clyde Caruana, is now paying nearly €300 million a year just to cover the interest on its national debt, a staggering increase of more than 60% since 2020, The Shift can confirm. Figures published by the Treasury show that debt servicing costs climbed from around €180 million in 2020 to almost … Continued

By Ivan Camilleri