How much does Malta contribute to the EU?
Industry
| Sector | Average annual employment | Average annual earnings per capita in euros |
|---|---|---|
| Rubber and plastic products | 1,578 | 15,254 |
| Other non-metallic mineral products | 766 | 11,928 |
| Fabricated metal products | 596 | 14,451 |
| Machinery and equipment n.e.c. | 446 | 13,518 |
Why is Malta in the EU?
A referendum on European Union membership was held in Malta on 8 March 2003. The result was 54\% in favour. The subsequent April 2003 general elections were won by the Nationalist Party, which was in favour of EU membership, the opposition Labour Party having opposed joining. Malta joined the EU on 1 May 2004.
Is Malta still part of the European Union?
Malta. Malta is a member country of the EU since May 1, 2004, with its geographic size of 315 km², and population number 429,334, as per 2015. The Maltese comprise 0.1\% of the total EU population. Its capital is Valletta and the official language is Maltese.
How has the EU helped Malta?
EU-funded projects in Malta The money paid into the EU budget by Malta helps fund programmes and projects in all EU countries – like building roads, subsidising researchers and protecting the environment.
When did Malta become a member of the EU?
Following the signature of the Treaty of Accession in April 2003, Malta joined the EU a year later, on 1st May, 2004, together with Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia in the largest EU enlargement to date.
When did Malta start using the euro?
1 January 2008
On 1 January 2008, the euro became legal tender in Malta, replacing the Maltese lira (MTL) at the irrevocably fixed exchange rate of €1 = MTL 0.429300.
When did Malta join EU?
Does Malta use the euro?
The currency of Malta is the Euro.
Why did Malta adopt the euro?
When Malta became an EU member state on 1 May 2004 the country was committed to join the EMU and adopt the single European currency. To be able to do this Malta had to fulfil a number of conditions concerning the stability of public finances, prices, interest rates and the exchange rate.