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One in five firms expects to permanently cut staff numbers, EIB survey finds

More than half of firms in Malta say they will invest less as a result of the COVID-19 pandemic, with around one-third delaying or cancelling planned investments, a European Investment Bank survey has found. The EIB survey was carried out between May and August 2020. It found that the most frequently mentioned long-term impact of COVID-19 on firms in Malta was the increased use of digital technologies (46%), especially within the construction and infrastructure sectors. Those sectors also repor...
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