AGP Executive Report
Last update: 7 hours agoR&D Funding Watch: Malta is among the EU’s lowest spenders on research and development, with the Nationalist Party citing Eurostat figures showing €73.70 per person in 2025 and a drop to 0.17% of GDP. Governance & Appointments: Kurt Farrugia, recently removed from Transport Malta, has landed another taxpayer-funded role as chairman of the National Development and Social Fund while also leading Residency Malta. Tax Policy Scrutiny: A New York Times investigation says Malta’s Big Four firms are helping US multinationals design tax-avoidance structures, including profit-shifting schemes involving Malta-based entities. Health & Regulation: Malta is seeing a surge in demand for unlicensed weight-loss drug retatrutide, with health authorities warning of serious risks from illegal supply. Environment & Permits: ERA says the Comino hotel project must trigger tree-planting obligations—540 indigenous trees—linked to protected vegetation removal. Maritime Security: The AFM Maritime Squadron logged over 10,000 operational hours at sea in 2025, including patrols, inspections, and search-and-rescue work. Energy Planning: Interconnect Malta received four submissions after a preliminary market consultation on a potential renewable link from North Africa to Malta.
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