Brussels has once again highlighted the “slow” implementation of pension reforms in Malta, identifying the issue as one that may have repercussions on the long-term sustainability of public finances.
In its Annual Growth Survey for 2014, which initiates the EU’s cycle of economic surveillance of euro area member states, the EU executive once again insisted that pensions and health are two main problematic areas of the Mal-tese economy.
“The sustainability of Malta’s public finances in the long-term remains challenging as projected growth in age-related expenditure remains well above the EU average,” the Commission stated.
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