Updated 3pm with PN reaction
The European Commission has formally warned Malta and seven other EU member states over their excessive budget deficits.
Separately, the European Commission also reiterated its call for Malta to wind down its energy subsidies as well as take other measures to tackle a severe shortage and mismatch of skills, ease traffic congestion and increase renewable energy.
Warnings over budget deficits were issued on Wednesday against Belgium, France, Italy, Hungary, Malta, Poland and Slovakia. Romania was accused of having failed to heed previous warnings.
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