Economy and Tourism

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3min120
MHRA President Tony Zahra, along with MHRA Council members, held an online meeting with Maltese MEP Josianne Cutajar, who is a member of EU Committee for Transport and Tourism (TRAN) and part of the Tourism Taskforce within the same committee. At the beginning of the meeting, MEP Cutajar expressed her gratitude for this opportunity to […]

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2min99
Italian Prime Minister Mario Draghi on Friday announced that the country would begin easing some of its stricter COVID-19 restrictions by April 26. At a Rome news conference, Draghi said that a priority would be given to opening outdoor establishments such as restaurants and that all schools would reopen. The prime minister expressed “cautious optimism” […]

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5min106
Bitcoin fell more than four percent on Friday after Turkey’s central bank banned the use of cryptocurrencies to pay for goods and services. Bitcoin tumbled more than four percent on Friday after Turkey’s central bank banned the use of cryptocurrencies and crypto assets for purchases, citing possible “irreparable” damage and transaction risks. In legislation published […]

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2min182
Maltese Government has announced two more schemes to help the hospitality sector, as part of the Government’s €20 Million Tourism Recovery Plan. At a news conference from the Mediterranean Conference Centre, Minister for Tourism and Consumer Protection Clayton Bartolo announced that the first scheme is aimed to incentives boutique hotels, guesthouses, two-star hotels, tourists villages, […]

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5min160
COVID-19 sparks a dramatic 51% collapse in the sector’s contribution to GDP – More than 337,000 jobs lost, while many more remain protected by the job retention scheme The World Travel & Tourism Council’s annual Economic Impact Report (EIR) today reveals that the dramatic collapse of Italy’s Travel & Tourism sector has wiped out a […]


About the Mediterranean Observer

The Mediterranean Observer is a news portal dedicated to travel tourism, and hospitality in the Mediterranean region. This portal is managed by the Mediterranean Tourism Foundation, based in the Mediterranean country of Malta.


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