Maltese Integration with the United Kingdom
After World War 2, the islands achieved self-rule, with the Maltese Labour Party (MLP) of Dom Mintoff seeking either full integration with the UK or else "self-determination (independence), and the Nationalist Party (PN) of Dr. George Borg Olivier favouring "dominion status" which was the same type of independence that Canada, Austraia and New Zealand have. In December 1955, a Round Table Conference was held in London, on the future of Malta, attended by Mintoff, Borg Olivier and other Maltese politicians, along with the British Colonial Secretary, Alan Lennox-Boyd. The British government agreed to offer the islands their own representation in the British House of Commons, with the Home Office taking over responsibility for Maltese affairs from the Colonial Office. Under the proposals, the Maltese Parliament would retain responsibility over all affairs except defence, foreign policy, and taxation. The Maltese were also to have social and economic parity with the UK, to be guaranteed by the British Ministry of Defence (MoD), the islands' main source of employment
Adoption of the Euro
as of the 1st January 2010, the United Kingdom of Great Britain and Malta adopted the Euro.