Great Britain formally acquired possession of Malta in 1814. The island staunchly supported the UK through both world wars and remained in the Commonwealth when it became independent in 1964. A decade later Malta became a republic. Since about the mid-1980s, the island has transformed itself into a freight transshipment point, a financial center, and a tourist destination. Malta became an EU member in May 2004 and began using the euro as currency in 2008.
party to: Air Pollution, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands
signed, but not ratified:
none of the selected agreements
the country comprises an archipelago, with only the three largest islands (Malta, Ghawdex or Gozo, and Kemmuna or Comino) being inhabited; numerous bays provide good harbors; Malta and Tunisia are discussing the commercial exploitation of the continental shelf between their countries, particularly for oil exploration
none (administered directly from Valletta); note - local councils carry out administrative orders and have some responsibility for local road and other public maintenance
elections:
president elected by a resolution of the House of Representatives for a five-year term; election last held on 12 January 2009 (next to be held by April 2014); following legislative elections, the leader of the majority party or leader of a majority coalition usually appointed prime minister by the president for a five-year term; the deputy prime minister appointed by the president on the advice of the prime minister
election results:
George ABELA elected president by the House of Representatives
unicameral House of Representatives (normally 65 seats; members are elected by popular vote on the basis of proportional representation by the Single Transferrable Vote (STV) to serve five-year terms; note - the parliament elected in 2008 is composed of 69 seats; when the political party winning an absolute majority of first-count votes (or a plurality of first-count votes in an election where only two parties are represented in parliament) does not win an absolute majority of seats, the constitution provides for the winning party to be awarded additional number of seats in parliament to guarantee it an absolute majority; in the event that more than two parties are repressented in parliament, with none acquiring the absolute majority of votes, the party winning the majority of seats prevails
elections:
last held on 8 March 2008 (next to be held by March 2013)
election results:
percent of vote by party - PN 49.3%, PL 48.8%, other 1.9%; seats by party - PN 35, PL 34
Alternativa Demokratika/Alliance for Social Justice or AD [Michael BRIGUGLIO]; Labor Party or PL [Joseph MUSCAT]; Nationalist Party or PN [Lawrence GONZI]; The Malta Communist Party [Victor DEGIOVANNI]
Alleanza Liberal-Demokratika Maltra or ALDM (for divorce, abortion, gay marriage, the rights existent in other EU member states); Alleanza Nazzionali Repubblikana or ANR (for traditional values, anti-immigration); Alternattiva Demokratika (pro-environment); Flimkien Ghal-Ambjent Ahjar (pro-environment); Ghazda tal-Konsumaturi (consumer rights)
two equal vertical bands of white (hoist side) and red; in the upper hoist-side corner is a representation of the George Cross, edged in red; according to legend, the colors are taken from the red and white checkered banner of Count Roger of Sicily who removed a bi-colored corner and granted it to Malta in 1091; an uncontested explanation is that the colors are those of the Knights of Saint John who ruled Malta from 1530 to 1798; in 1942, King George VI of the United Kingdom awarded the George Cross to the islanders for their exceptional bravery and gallantry in World War II; since independence in 1964, the George Cross bordered in red has appeared directly on the white field
Malta produces only about 20% of its food needs, has limited fresh water supplies, and has few domestic energy sources. Malta's geographic position between the EU and Africa makes it a target for illegal immigration, which has strained Malta's political and economic resources. Malta adopted the euro on 1 January 2008. Malta's financial services industry has grown in recent years and in 2008-09 it escaped significant damage from the international financial crisis, largely because the sector is centered on the indigenous real estate market and is not highly leveraged. Locally, the restricted damage from the financial crisis has been attributed to the stability of the Maltese banking system and to its prudent risk-management practices. The global economic downturn and high electricity and water prices hurt Malta's real economy, which is dependent on foreign trade, manufacturing - especially electronics and pharmaceuticals - and tourism, but growth bounced back as the global economy recovered in 2010. Following a 1.2% contraction in 2009, GDP grew 2% in 2010. In early 2011, the EU ended excessive deficit procedures against Malta, after Malta had taken measures to correct an excessive deficit in 2010 and appeared likely to reach its deficit target of 2.8% of GDP in 2011.
note:see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 17 members of the EMU; individual members of the EMU do not control the quantity of money circulating within their own borders
mineral fuels and oils, electrical machinery, non-electrical machinery, aircraft and other transport equipment, plastic and other semi-manufactured goods; food, drink, tobacco
2 publicly-owned television stations, Television Malta (TVM) broadcasting nationally and an educational channel; several privately-owned national television stations, two of which are owned by political parties; Italian and British broadcast programs are available; multi-channel cable and satellite TV services are obtainable; publicly-owned radio broadcaster operates 1 station; roughly 20 commercial radio stations operating (2011)
by type:
bulk carrier 522, cargo 377, carrier 1, chemical tanker 280, container 91, liquefied gas 31, passenger 45, passenger/cargo 22, petroleum tanker 141, refrigerated cargo 14, roll on/roll off 30, specialized tanker 2, vehicle carrier 15
foreign-owned:
1,401 (Angola 7, Austria 1, Azerbaijan 1, Bahamas 1, Bangladesh 1, Belgium 14, Bermuda 8, Bulgaria 7, Canada 1, China 11, Croatia 7, Cyprus 29, Denmark 41, Egypt 1, Estonia 16, Finland 2, France 13, Germany 127, Greece 458, Hong Kong 2, India 4, Iran 56, Ireland 1, Israel 5, Italy 52, Japan 5, Kuwait 2, Latvia 11, Lebanon 7, Libya 4, Luxembourg 3, Malaysia 1, Netherlands 2, Nigeria 1, Norway 84, Poland 22, Portugal 3, Romania 8, Russia 47, Singapore 3, Slovenia 4, South Korea 3, Spain 10, Sweden 3, Switzerland 14, Syria 5, Turkey 211, UAE 1, UK 16, Ukraine 30, US 35)
note:this country allows large numbers of ships owned by foreign entities to be registered in its national shipping registry and to fly its flag; these ships operate under the laws of the flag state
registered in other countries:
2 (Panama 2) (2010)
current situation: Malta is a source and destination country for European women and children subjected to sex trafficking; Malta is likely a destination country for men and women subjected to forced labor, including in restaurants, private households, and in unskilled or semi-skilled labor; Malta may be a transit country for African women subjected to sex trafficking in continental Europe
tier rating:
Tier 2 Watch List - the government demonstrated greater commitment to combat trafficking through national coordination by appointing the country's first anti-trafficking coordinator and anti-trafficking monitoring board; these measures, however, have not yet resulted in concrete improvements to victim identification procedures, victim care systems, effective investigations and prosecutions of trafficking offenders, or targeted prevention activities; victims of trafficking were punished for acts committed during the course of trafficking or deported without proper victim identification (2011)