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Malta shows ‘Remarkable Resilience’ in face of major crisis in Europe – IMF

The International Monetary Fund (IMF) confirms Malta’s resilience during a major European crisis.

The International Monetary Fund said that Malta had shown ‘remarkable resilience’ amidst the major European crisis. The main challenge that Malta faces is to maintain its macroeconomic stability.

The average growth of the Maltese economy was the best in the eurozone since the beginning of the crisis. This resilience was underpinned by robust export growth and a sound banking system.