A giant bakery is to be built in the south of the country.
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State aid: Commission opens investigation into proposed public financing of Jaguar Land Rover plant in Slovakia
The European Commission has opened an in-depth investigation to assess whether Slovakia's plans to grant €125 million to Jaguar Land Rover for investing in a car plant in Nitra (Slovakia) are in line with EU rules on regional state aid.
EU announces new aid for natural disasters for Latin America and the Caribbean at UN Conference
The European Commission has today announced new funding of €14.3 million to support countries affected by natural disasters and invest in disaster risk reduction and resilience in Latin America and the Caribbean in 2017.
Entrepreneurs are Government’s most important allies
Entrepreneurs who are able to provide jobs for themselves and also for others are the Government’s most important allies, the Minister heading the Prime Minister’s Office said on Friday in Hódmezővásárhely.
Caster: Estonia and Slovenia, the European Union sympathizers digiteemades
Prime Minister Jüri Ratas met in Ljubljana, Slovenia's Prime Minister Cerariga. The purpose of the meeting was to introduce Estonia to the European Union Council Presidency priorities and to exchange information on important topical issues in the European Union and elsewhere. It was raised in the meeting of the Estonian and Slovenian bilateral relations issue.
More European sites meet excellent bathing water quality standards than ever before
More than 85% of bathing water sites monitored across Europe in 2016 met the most stringent ‘excellent' quality standards — meaning they were mostly free from pollutants harmful to human health and the environment, according to the annual bathing water quality report published today.
Over 96% of bathing water sites met minimum quality requirements set out under European Union rules.
EU Commission welcomes agreement on effective rules to resolve double taxation problems
The Commission has welcomed the agreement reached today by Member States on new measures to help resolve double taxation problems for all citizens and businesses in the EU. Proposed by the Commission only seven months ago, the new rules will allow businesses and citizens to reduce double taxation, one of the biggest obstacles to the functioning of the Single Market. Double taxation occurs when the same income is taxed by two or more Member States, creating uncertainty, unnecessary cost and cash-flow problems for taxpayers.
State aid: Commission approves reductions on cogeneration surcharges for energy-intensive companies in Germany and Italy
The European Commission has approved under EU state aid rules reductions granted to energy-intensive companies on surcharges to finance support for cogeneration in Germany, and reductions on surcharges to finance support for cogeneration and renewables in Italy.
The Commission found that both measures further EU energy and climate goals and ensure the global competitiveness of energy-intensive industries, whilst preserving competition in the EU Single Market.
MRIEHEL MASTER PLAN STILL YEARS AWAY - TM
A final master plan for Mriehel is at least two years away, confirmed Transport Malta CEO James Piscopo.
A final master plan for Mriehel is at least two years away, confirmed Transport Malta CEO James Piscopo.
Mergers: Commission clears the acquisition of MPS by Westrock
The European Commission has approved under the EU Merger Regulation the acquisition of sole control by WestRock Company (USA) over Multi Packaging Solutions International Limited ("MPS", Bermuda). MPS is active in the manufacture and sale of specialty packaging solutions, such as premium folding cartons, mainly for pharmaceutical goods, consumer goods and media purposes, and rigid packaging for perfumes and spirits. Westrock is a multinational provider of paper and packaging solutions for consumer and corrugated packaging markets.
Mergers: Commission alleges Altice breached EU rules by early implementation of PT Portugal acquisition
The European Commission has sent a Statement of Objections alleging that multinational telecommunications company Altice (the Netherlands), breached the EU Merger Regulation by implementing its acquisition of telecommunications operator PT Portugal before notification or approval by the Commission.
Mergers: Commission fines Facebook €110 million for providing misleading information about WhatsApp takeover
Brussels, 18 May 2017
The European Commission has fined Facebook €110 million for providing incorrect or misleading information during the Commission's 2014 investigation under the EU Merger Regulation of Facebook's acquisition of WhatsApp.
Mergers: Commission clears acquisition of joint control over LogPay Transport Services by LogPay Financial and Volkswagen Financial Services
The European Commission has approved under the EU Merger Regulation the acquisition of joint control over LogPay Transport Services by LogPay Financial and Volkswagen Financial Services, all of Germany. LogPay Transport Services from fuel and road toll credit cards for commercial customers under the brand LogPay. The Volkswagen Group is one of the leading financial services companies in the world. Its subsidiary, Carmobility GmbH is active in the issuing of fuel and service credit and debit cards for commercial customers under the brands MAN and NEOPLAN Card. The C
Trade Commissioner Malmström travels to Mexico to discuss trade negotiations
Trade Commissioner Cecilia Malmström will be traveling to Mexico on 8 and 9 May to assess the state of play and discuss the way forward in the ongoing negotiations for a new EU-Mexico trade agreement. Commissioner Malmström will meet with Mexican secretary of foreign affairs Luis Videgaray Caso and Mexican Minister of Economy, Ildefonso Guajardo, as well as representatives of Mexican and European business organizations, civil society organizations and trade unions. The Commissioner will meet with students at a conference organized by the Nat
State aid: Commission endorses three French initiatives to produce more than 17 gigawatts in renewable energy
The European Commission has approved three schemes to support electricity production from small-scale onshore wind, solar and sewage gas installations in France under EU state aid rules. The schemes will allow France to develop more than 17 additional gigawatts in renewable energy.
Malta Chamber Issues Stark Warning Against 'Irresponsible Electoral Promises'
The Malta Chamber has reiterated its warning to both major political parties not to make promises that could undermine Malta’s business competitiveness in order to gain votes.
The Malta Chamber has reiterated its warning to both major political parties not to make promises that could undermine Malta’s economic competitiveness in order to gain votes.
FM: continued success of the tax revenue plan execution 28/04/2017
In the first quarter of consolidated budget was 99.8 million. euro surplus, compared to the previous year, three months increased by 51.3 million. euro. Tax revenue in the general budget plan was fulfilled 101.4% respectively. Tax revenue growth affecting the total budget revenues have grown faster than expenditure. By contrast, general government spending relatively the lowest growth can be explained by individual item of expenditure reductions, taking into account the currently active project selection and contracting phase of the European Union (EU) funds p
FM: In March, remains moderate retail growth 04.28.2017
The retail trade turnover in March this year compared to last year's corresponding month increased by 1.5%, presenting a slightly faster growth than in the previous month, but still remained relatively low. As in previous months, the retail trade turnover growth was the rise in fuel mainly in trade, while the retail sale of food continued to decline.
Commission discusses with stakeholders financing investments in a sustainable blue economy
Key stakeholders in sustainable business and investment are coming together in Brussels to discuss investment needs in the blue economy and what financing can do to ensure the sustainability of such investments.
EU-Jordan: Brussels' high-level meeting for strengthening trade, business and investment opportunities in Jordan
Tomorrow, the European Union and Jordan will hold a high-level meeting in Brussels to further strengthen the bilateral trade and investment opportunities. The event will bring together high profile actors from the EU and Jordan. It will be an opportunity to raise awareness of the business opportunities available to Jordanian companies under the new more flexible rules of origin for access to the European market agreed in 2016.
Mergers: Commission clears acquisition of M.K.M. Building Supplies by Bain Capital Investors
The European Commission has approved under the EU Merger Regulation the acquisition of M.K.M. Building Supplies of the UK, by Bain Capital Investors of the US. M.K.M. Building Supplies is a building materials merchant, with 47 branches across England and Scotland. Bain Capital Investors is a private equity firm. The Commission concluded that the proposed acquisition would not raise competition concerns because the companies are not active in the same markets and market shares in all vertically linked markets remain limited.
Malta Chamber Welcomes Agreement On Minimum Wage Increase
The Malta Chamber of Commerce, Enterprise and Industry expresses its satisfaction following the announced agreement on an increase in the Minimum Wage. The announcement follows long discussions and negotiations, in which the Malta Chamber was actively involved together with other employers’ representative organisations.
Maltese People Want The Eu To Do More To Fight Unemployment, Tax Fraud
People in Malta would like the European Union to do more in addressing current challenges, such as the fight against unemployment, tackling tax fraud and terrorism, according to a new study commissioned by the European Parliament.
People in Malta would like the European Union to do more in addressing current challenges, such as the fight against terrorism (83 per cent) and unemployment (78 per cent) and tackling tax fraud (75 per cent), according to a new study commissioned by the European Parliament.
Business Calls For Political Stability
In a statement issued on Friday, the Malta Chamber of Commerce, Enterprise and Industry called on all political parties to exercise caution and maturity to protect and ensure Malta's reputation.
"The Malta Chamber has followed with utmost concern the recent developments taking place in the current political scenario" the statement said.
Commissioner Arias Cañete in Iran for the first-ever Iran-EU Business Forum on Sustainable Energy
On 29 and 30 April, Commissioner for Climate Action and Energy Miguel Arias Cañete will be in Tehran to strengthen energy and climate ties with Iran. On 29 April, he will kick off the first-ever Iran-EU Business Forum on Sustainable Energy.