Best Countries for Business list: Malta Ranked #26

Malta has been ranked at number 26 in Forbes’ Best Countries for Business list.

Malta – the smallest economy in the Eurozone – adopted the Euro on 1st January 2008. Low debt-to-GDP ratio and a financially sound banking sector have held Malta in good standing throughout the Eurozone crisis. Growth has recovered since 2009 and in 2014, Malta led the Eurozone in growth, expanding by nearly 3.5%.

Unemployment is low in comparison with other EU states, boosted by free child care. The Government promotes public-private partnerships in the healthcare sector to establish strong medical tourism. Residential and commercial energy tariffs have been reduced by 25%, and a citizenship by investment program has been implemented in order to increase Government revenue and attract foreign investors.

http://www.forbes.com/places/malta/