In April 2013, the Commission concluded that Malta was experiencing macroeconomic imbalances arising from the significant exposure of the financial sector to the property market and the risks for the long-term sustainability of public finances. In the Alert Mechanism Report (AMR) published on 13 November, the Commission found it useful, also taking into account the identification of imbalances in April, to examine further the persistence of imbalances or their unwinding. To this end, this in-depth review (IDR) provides an economic analysis of the Maltese economy with the scope of the surveillance under the Macroeconomic Imbalances Procedure (MIP).
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