Malta welcomes European Union’s support in maintaining energy price stability


As a result of the COVID-19 pandemic and the ensuing Russian-Ukrainian conflict, the Maltese Government has sought to shield its citizens from the exorbitant price hikes in the international price of oil. As a result of this decision, energy prices in Malta have remained stable for households.

The Maltese government therefore welcomes the €24 million in EU funds allocated through the SAFE package to partially help support the country’s efforts to support households facing hardships during difficult periods. The financial allocation forms part of the assistance provided by the European Union to Member States in its efforts to address the energy crisis.

Original publication