Caruana: EU deficit warning not a surprise, and matters are improving

Finance Minister Clyde Caruana. File photo.

Finance Minister Clyde Caruana on Wednesday appeared to downplay excessive deficit procedures by the EU against Malta, saying he was well aware of the rules and Malta was on its way to reducing the deficit.The European Commission warned eight member states about their excessive budget deficits last week. Malta ended 2023 with a deficit of...