CorporateDispatch Pro - Edition 27

Corporate

STAKEHOLDER OUTLOOK

Facilitating Malta’s Twin Transition Prof Josef Bonnici Chairman Malta Development Bank

Throughout the centuries crises have spurred innovation and creativity. Innovation has been important in keeping many people’s lives and livelihoods safe throughout the COVID-19 pandemic. Meal and grocery delivery services have become more common, in-person meetings have been replaced by video conferencing, and in certain cases health care visits have been replaced by virtual consultations. However, economies are not yet out of the woods, with entrepreneurs facing multidirectional challenges including supply chain disruptions, an inflationary spiral, war on Europe’s borders, and a challenging human resource market.

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CorporateDispatch Pro - Edition 27

Published on Jul 18, 2022Business

The Dispatch Media

As the heat of Summer intensifies around the European continent, it is not just the scorching sun which is raising temperatures all around. As the war in Ukraine enters its fifth month, Europe continues to grapple with energy and inflationary crisis that is seriously endangering post-pandemic recovery efforts. While most EU countries have initially rallied in support of Ukraine, as countries deal with increasing oil and food prices as well as rising inflation, faultlines are starting to appear among Kyiv's friends. In this edition of Corporate Dispatch Pro, we take a snapshot of the geopolitical situation around the continent and its economic permutations. In parallel, this edition seeks the view of a number of local stakeholders on the way ahead during these turbulent times as the Maltese economy seeks to regenerate itself following the challenges of the past years.