Malta's EU membership

Malta joined the European Union four years ago. A leading article in the Malta Independent praises the "most important political move that the country made in recent history. ... But membership was not beneficial only from the political aspect; what was equally important is that through membership Malta's economy also stood to benefit." The switchover to the Euro particularly benefits the country, the paper writes, as "having a currency that is so strong and widely used gives Malta greater credibility. ... Since becoming an EU member, Malta has greatly benefited from the funds made available from the EU, and this will continue to happen in the years to come. ... Malta's image in the eyes of foreign investors has gained so much since the country joined the EU. ... Four years down the line, Malta's European Union membership can be described as a positive experience which has enabled the country to move ahead. There is no doubt that the fruits of this membership will continue to be reaped in the years to come."

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