Sharp increase in MaltaPost's postal tariffs
MaltaPost attributes sharp increase in its tariffs to the inter-operator fees on international mail.
MaltaPost has revised its postal tariffs upwards, insisting that throughout 2012 it was negatively impacted by changes in the framework.
According to the service provider, the changes were set by the Universal Postal Union who established inter-operator fees over international mail.
"Moreover, for a number of years, various services such as the domestic letter mail and mail registration, have recorded systematic losses," MaltaPost said.
"This makes it unsustainable for MaltaPost to keep providing the current level of service. Against this backdrop and MaltaPost's commitment to keep providing an efficient, high-quality service MaltaPost submitted to the MCA a request for a number of tariff increases."
In a decision published on 8 November, the Malta Communications Authority approved the new tariffs requested by MaltaPost.
"The revised tariffs shall still remain among the lowest in Europe," MaltaPost added.
The new rates - accessible here - will come into effect as from next Monday.