AGP Executive Report
Last update: 7 hours agoR&D Funding Watch: Eurostat figures cited by Malta’s Nationalist Party say Malta spent just €73.70 per person on research and development in 2025, down from 0.24% of GDP in 2015 to 0.17% in 2025—among the lowest in the EU. Tax & Corporate Structures: A New York Times investigation alleges Malta’s Big Four are “designing” tax-avoidance schemes for US multinationals, highlighting Crocs’ reported profit-shifting to a small Maltese setup that cut its 2023 tax bill by $218.6m. Public Appointments: Kurt Farrugia, recently removed from Transport Malta, has been appointed chairman of the National Development and Social Fund while also leading Residency Malta, raising questions about two taxpayer-funded roles. Health & Regulation: Malta’s Superintendent of Public Health warns against unlicensed retatrutide (a weight-loss peptide) sold via social media, citing risks from falsified or incorrect products. Energy Planning: Interconnect Malta received four submissions after a preliminary market consultation on renewable power generation in North Africa with a dedicated cable link to Malta. Environment & Permits: ERA says the Comino hotel project must trigger planting of 540 indigenous trees as mitigation for protected vegetation removal.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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