shreeya i'm afraid i don't know what to reply to that, i'm not an economist and its not like these things really tickle my fancy. what i can say however is that inflation rates in malta are not very high compared to other countries which means that while other countries' money loses value, ours loses less... also inspite of being a small economy, we used to offer offshore benefits to financial companies. although now much of that has finished, many foreign investment companies have set up head offices in malta, so basically although it a small economy, in spite of size its very stable and strong.. hence the currency remains strong. but mind you as off 2008 we're adopting euro so we're all in the same boat..
Novita...no worries re: climbing wall.. take your time. at most i'll go climb some palm trees :)
k
p.s. jekk ghedt xi hmerija rigward il flus ghiduli! :)
shreeya i'm afraid i don't know what to reply to that, i'm not an economist and its not like these things really tickle my fancy. what i can say however is that inflation rates in malta are not very high compared to other countries which means that while other countries' money loses value, ours loses less... also inspite of being a small economy, we used to offer offshore benefits to financial companies. although now much of that has finished, many foreign investment companies have set up head offices in malta, so basically although it a small economy, in spite of size its very stable and strong.. hence the currency remains strong. but mind you as off 2008 we're adopting euro so we're all in the same boat..
Novita...no worries re: climbing wall.. take your time. at most i'll go climb some palm trees :)
k
p.s. jekk ghedt xi hmerija rigward il flus ghiduli! :)