The 2020 energy targets set by the European Union will be harder for Malta to achieve than...
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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.
Mergers: Commission clears creation of joint venture between BMW, Daimler, Ford and Porsche
The European Commission has approved under the EU Merger Regulation the creation of a joint venture by BMW, Daimler, Porsche, all three of Germany, and Ford of the US. The parties produce and distribute passenger cars and commercial vehicles, and also provide mobility services based on battery-electric vehicles. The joint venture will install, operate and maintain a publicly accessible high power charging infrastructure for battery-electric vehicles in several Member States.
EU agri-food exports remain higher than previous years
The monthly value of EU agri-food exports increased by +1.2% (+ €131 million) compared with February last year, according to the latest figures published today. The monthly exports particularly increased for Russia (+86 million), China (+77 million), the USA (+58 million) and Korea (+55 million).
Taxation: Commission refers Italy to the Court of Justice over excise duty reductions for petrol and diesel
The European Commission has decided to refer Italy to the Court of Justice of the EU for failing to apply the national excise duty rate on petrol and diesel purchased by motorists resident in the Friuli Venezia Giulia region.
New Eurobarometer survey shows continued high support for development cooperation among EU citizens
The European Commission today presented the results of a Special Eurobarometer survey on EU citizens' views on development, cooperation and aid
The survey is based on fieldwork in the 28 EU Member States performed in November-December 2016.
Commission welcomes new rules to secure gas supplies in Europe
Negotiators of the Council and the European Parliament have yesterday night reached an agreement on the new security of gas supply regulation which aims at preventing gas supply crises.
There Are Still Too Few Women In Malta's Workforce
Malta still has the largest gender employment gap across EU member states, with just 55.5 per cent of women between the ages of 20 and 64 registered as employed.
Malta still has the largest gender employment gap across EU member states, with just 55.5 per cent of women between the ages of 20 and 64 registered as employed.
Mergers: Commission approves acquisition of Vivendi by Bolloré
The European Commission has approved, under the European Merger Regulation, the acquisition of Vivendi SA (France) by the French group Bolloré. Vivendi is the leading holding company of the Vivendi group, which is active in various media sectors, including music, television, cinema, mobile video games and video sharing. The Bolloré group is mainly active in the fields of (i) communication, in particular advertising, free press, and telecommunications; (Ii) transport and logistics; And (iii) the storage of electricity and the production of plastic films.
Antitrust: Commission confirms inspections in the mobile telecommunications sector in Sweden
The European Commission can confirm that on 25 April 2017 its officials carried out unannounced inspections at the premises of companies active in the mobile telecommunications sector in Sweden.
The Commission has concerns that Swedish mobile network operators may have engaged in anti-competitive conduct preventing entry into the consumer segment of the Swedish mobile telecommunications market, in breach of EU antitrust rules (Articles 101 and 102 of the Treaty on the Functioning of the European Union).
State aid: Commission clears support for renewable and cogeneration plants in Latvia
The European Commission has found support granted to renewable energy and cogeneration power plants built in Latvia between 2007 and 2012 to be in line with EU state aid rules. The Commission concluded that the measure helps Latvia to achieve its 2020 energy and climate objectives without unduly distorting competition. Latvia notified the existing support scheme to the Commission in 2015 for reasons of legal certainty.
Mergers: Commission clears acquisition of Capsugel by Lonza
The European Commission has approved under the EU Merger Regulation the acquisition of Capsugel (Luxembourg) by Lonza (Switzerland). Lonza is active worldwide in the supply of services to the pharmaceutical, healthcare and life science industries, including contract development and manufacturing organisation services for biologics, fine chemicals, advanced intermediates and active pharmaceutical ingredients and manufacturing, development and commercialisation of active ingredients for use in consumer care, agriculture, water treatment, and coatings and composites.
Energy Union: EU invests €22.1 million supporting synergies between transport and energy sectors
Today, EU Member States approved the Commission's proposal to invest €22.1 million in seven actions that will help develop sustainable and efficient transport and energy infrastructure.
Brexit Has Forced Hundreds Of Brits To Apply To Become Maltese
The number of Britons applying for Maltese citizenship has doubled since the Brexit referendum in June 2016, with the government receiving 424 applications in the space of six months.
Britons applying for Maltese citizenship have doubled since the Brexit referendum in June 2016, with the government receiving 424 applications in the space of six months.
Cruise Passenger Traffic Climbs By Over 116%
Cruise passenger traffic during the first quarter of 2017 amounted to 85,215, a whopping increase of 116.4 per cent over the corresponding period last year.
Cruise passenger traffic during the first quarter of 2017 amounted to 85,215, a whopping increase of 116.4 per cent over the corresponding period last year.