Letter from Valletta
from Our Own Correspondent
OUR crowded and tiny archipelago in the Mediterranean may only have joined the EU in 2004, but Malta has been quick to make the most of the opportunities membership has offered.
We were first on board with the “golden passports” bonanza, which yielded €1.4bn in a decade, and so many well-heeled new patriots of Russian and other exotic origin. Alas, the European Court of Justice has closed that scheme, but there’s a new boom here – all thanks to cryptocurrency, online gaming and financial services.