Ryanair is relocating bases in France, Italy and Germany to Malta – The Headlines: The Malta Business Weekly

The Malta Business Weekly reveals that Ryanair is relocating bases in France, Italy and Germany to Malta, incorporating them into the recently established Malta Air. Staff taxation advantages is a major reason behind the decision.

The Malta Business Weekly says that Germany’s economy shrunk by 0.1 percent in the last three years, raising concerns of a looming technical recession. Chancellor Angela Merkel described the situation in the EU largest a economy ‘a difficult phase’.

 

Via CiConsulta BeInformed Media Monitoring Service

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