Malta Economy and History
Since 13 December 1974 Malta, formerly an independent state within the Commonwealth (21 September 1964), has been a parliamentary republic. Head of State is the President of the Republic, elected for 5 years by the House of Representatives, who holds the legislative power and is composed of 65 members elected for 5 years by universal suffrage. The government is made up of the Prime Minister and the Council of Ministers, and exercises executive power. Since 1993 the archipelago, already divided…