Malta in the EU

Malta has been a member of the European Union (EU) since 1st May 2004 and a member of the Eurozone since 1st January, 2008. Currently, there are 6 members from Malta in the European Parliament. The Maltese representatives are consistently present in meetings held in the European Parliament to discuss, adopt and coordinate new legislations and policies.

The EU council does not operate with one fixed leader thus its work is led from the country that holds the European Presidency which rotates every six months. During those six months, the ministers of the government of the country holding the Presidency determine the agenda of the meetings in every political aspect and also facilitate dialogue with other EU institutions. Malta will take on the European Presidency for 6 months as from June 2017.

Malta being a member of the EU has brought several tangible benefits to business and to the economy. The open market allows Maltese businesses to sell without barriers, hence international investors also see Malta as a good place to base themselves. Investors know that once they set base in Malta they can trade freely across Europe. Malta offers the full package to attract foreign investment with an open market, an attractive business environment and English as the main business language.