Fitch changes Malta view

Fitch Ratings said it revised the outlook on Malta's long-term foreign-currency issuer default rating to positive from stable and affirmed the issuer default rating at A+.

The agency said the revision reflects that Fitch expects high economic growth in Malta to be sustained in the medium term, and estimates potential growth at around 4%.

“With GDP growth of 6.7% in 2018, Malta was the fastest growing economy in the E.U.,” the agency said in a news release.

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