![](https://cdn-attachments.timesofmalta.com/27aa3815fe0be7937040557605fc823bb4ade575-1720765569-11533c0b-1200x630.jpg)
The pension deficit and liquidity in capital markets
We are accustomed to hearing about government debt levels and annual deficits. However, a more significant debt obligation needs to be addressed. This is the Maltese government’s obligation to pay current and future pensioners. According to Eurostat’s ‘ …