malta

It is located 50 miles from Italy, 176 miles from Tunisia, and 207 miles from Libya. Malta is among the ten smallest countries in the world.Malta’s economy is dependent on foreign trade, manufacturing, and tourism. Malta joined the EU in 2004 and adopted the euro on 1 January 2008. Malta has weathered the euro-zone crisis better than most EU member states due to a low debt-to-GDP ratio and financially sound banking sector. The economy of Malta is a highly industrialised, service-based economy. It is classified as an advanced economy by the International Monetary Fund and is considered a high-income country by the World Bank and an innovation-driven economy by the World Economic Forum. The country is in the Top10 of the most densely populated countries in the world. The capital city is Valletta on the island of Malta. Malta is a history-rich small archipelago in the Mediterranean Sea and one of the smallest