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Energy prices, BOV's social role, competition and more
12 Dec 2022

The Ukraine war has sparked a major hike in energy prices across Europe, forcing a number of governments to resort to measures to try to stave off devastating repercussions on the public and businesses.

But if international energy price hikes persist long term, it would be “wise” for Malta to stop subsidies and allow local prices to reflect the international energy market price. 

And while prices are cushioned, households and businesses should invest in greener energy and cleaner technology to brace themselves for future policies and EU regulations that will inevitably penalise polluters more than ever, and will render energy-inefficient properties virtually impossible to sell.

All of this and much more was discussed in an interview by the Times of Malta with the BOV Chairman and CEO.

Click here for the full interview.

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Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap. 371 of the Laws of Malta) and the Investment Services Act (Cap.370. of the Laws of Malta).