Malta was declared the most favorable country in Europe for setting up hedge funds in. Malta was the main attraction at the 13th European Hedge Funds Awards 2014 being the second consecutive time the country receives the award. Malta becoming an European Member state was the milestone for the country’s change into one of the most thriving international fund domicile in the last few years.
Gozo is the second largest island in the Maltese archipelago in the Mediterranean Sea. The island is rich in historic locations and it has been associated with figures from Greek epic poems. Gozo is an important touristic destination in Malta and, this year, many business owners on the island have reported a significant improvement in touristic businesses, compared to last year.