At today's meeting, the Cabinet of Ministers...
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Maersk Line Will No Longer Ship Domestic Cargo To Malta
Shipping giant Maersk will no longer be serving Malta its domestic cargo, the company announced on Friday. It comes after it reviewed its current network and decided to reduce the number of ports it calls at. Instead, a feeder service linking the transhipment port of Port Said Egypt to Malta will operate three times a week.
Construction Begins On Shopping Mall And Apartments Near Smart City
Site excavation has begun on the Shoreline Residence’s multi-purpose project at Ricasoli, near SmartCity in Malta. When finished, the development will include 370 luxury apartments as well as a 25,000 square metre shopping mall and underground parking.
Commissioner Margrethe Vestager: "We need a global solution on digital taxation"
Margrethe Vestager, European Commissioner for Competition, declared at the May plenary session of the European Economic and Social Committee (EESC) that "the Commission has been pushing for digital taxation because we need a global solution; it's unacceptable that some companies pay taxes and others don't". Vestager also suggested that the Commission is considering requiring big companies to share data with their rivals to open up competition.
Member States should step up efforts to tackle fraud in EU cohesion spending, say Auditors
Despite improvements over recent years, EU Member States’ efforts to tackle fraud in cohesion spending remain too weak, according to a new report from the European Court of Auditors. Member States’ assessments of the effectiveness of their anti-fraud measures are too optimistic, say the auditors. Detection, response and coordination still need substantial strengthening to prevent, detect and deter fraudsters effectively.
Antitrust: Commission fines Barclays, RBS, Citigroup, JPMorgan and MUFG €1.07 billion for participating in foreign exchange spot trading cartel
In two settlement decisions, the European Commission has fined five banks for taking part in two cartels in the Spot Foreign Exchange market for 11 currencies - Euro, British Pound, Japanese Yen, Swiss Franc, US, Canadian, New Zealand and Australian Dollars, and Danish, Swedish and Norwegian crowns.
EU Solidarity Fund: Commission proposes €293.5 million for Austria, Italy and Romania and evaluates the Fund
Today the Commission proposes €293.5 million under the EU Solidarity Fund for Austria, Italy and Romania following natural disasters that occurred in 2018.
EU Intellectual Property Office should use surplus money productively, say Auditors
The budget surplus of the EU Intellectual Property Office (EUIPO), amounting to almost half a billion euros in 2018, should be put to a productive use, according to a new opinion by the European Court of Auditors. The office should explore ways of using its surplusmoney, which is currently incurringnegative interest payments, to support research, innovation and growth in the EU, say the auditors.
EU budget: Adding €100 million for research and student mobility programmes in 2019
Following up on the agreement between the European Parliament and the Council on the EU's 2019 budget, the European Commission is today proposing to add €100 million to the EU's flagship programmes Horizon 2020 and Erasmus +.
Commission appoints Mauro Ferrari as next President of the European Research Council
The European Commission has today appointed Professor Mauro Ferrari as the next President of the European Research Council (ERC), responsible for funding investigator-driven frontier scientific research in Europe.
Celebrating 10 years of the Eastern Partnership
On 14 May, the European Union, Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine marked the 10thanniversary of the Eastern Partnership with a High Level Conference in Brussels. The conference celebrated the achievements of the last ten years in the EU's relationships with its six Eastern partners, and started discussions on the future strategic direction of the partnership, to continue delivering concrete results for citizens.
Antitrust: Commission opens investigation into Insurance Ireland data pooling system
The European Commission has opened a formal antitrust investigation into Insurance Ireland to assess whether the conditions of access to its Insurance Link data pooling system may restrict competition, in breach of EU rules.
Esma Issues Two Positive Opinions On National Product Intervention Measures
The European Securities and Markets Authority (ESMA) has today issued two positive opinions on proposed product intervention measures taken by Finanzmarktaufsicht (FMA) of Austria. ESMA’s opinion finds that the proposed measures are justified and proportionate and that it is necessary for NCAs of other Member States to take product intervention measures that are at least as stringent as ESMA’s measures.
Welcoming remarks by President Donald Tusk at the celebratory dinner marking the 10th anniversary of the Eastern Partnership
Ten years ago, many of us here contributed to establishing the Eastern Partnership, although some of us in different capacities than today. It was based on the recognition that your countries have their own distinct and unique connections to the European Union, and that this should be given political expression.
Digital Single Market: Cheaper calls to other EU countries as of 15 May
As of 15 May, a new maximum price will apply for all international calls and SMS within the EU. As a result, consumers calling from their country to another EU country will pay a maximum amount of 19 cents per minute (+VAT) and 6 cents per SMS message (+VAT).
The Sibiu Declaration
We, the Leaders of the European Union, have gathered in Sibiu to discuss and look ahead to our common future.
Germany: Investment Plan for Europe - EIB lends up to EUR 110m to Dräger for medical technology development
The European Investment Bank (EIB) will lend up to EUR 110 million to Dräger, a global leader in the fields of medical and safety technology. Dräger will use the fresh financing to fund R&D projects in medical technology targeting life-saving systems such as anesthesia devices and ventilators. The efforts in medical systems will centre on developing and enhancing patient monitoring products, with a special focus on projects examining the connectivity of medical devices and linking them to hospitals’ information technology infrastructure.
Fuel card fraud stopped with the support of Eurojust
Romanian judicial and law enforcement authorities, in close cooperation with Eurojust, dismantled an organised crime group involved in a scam of counterfeiting fuel cards. Twenty-seven houses were searched in Romania, and 24 suspects were identified and are subject to further measures.
Commission presents results of initiative supporting regions in industrial transition
Today the Commission presents the first results of an initiative launched a year ago to support 10 EU regions and two Member States in industrial transition.
EU reports on political and economic developments in the Macao Special Administrative Region in 2018
In 2018, the EU and Macao maintained solid trade relations and enjoyed a good level of cooperation. The EU is looking forward to further strengthening and expanding its relations with the Macao Special Administrative Region.
Malta's March Tourism Figures Up Over Last Year
Total inbound visitors to Malta were estimated at 172,971, an increase of 3.5 per cent when compared to the corresponding month in 2018.
In March 2019, total inbound visitors to Malta were estimated at 172,971, an increase of 3.5 per cent when compared to the corresponding month in 2018.
Malta's March Tourism Figures Up Over Last Year
Total inbound visitors to Malta were estimated at 172,971, an increase of 3.5 per cent when compared to the corresponding month in 2018.
In March 2019, total inbound visitors to Malta were estimated at 172,971, an increase of 3.5 per cent when compared to the corresponding month in 2018.
Malta To Issue 36th Air Operator Certificate In Coming Weeks
In a few weeks, the Aviation Directorate within Transport Malta will be issuing a certificate to yet another air operator that has chosen to operate in Malta, its 36th certificate in total.
The same operator will also be registering more than 20 aircraft in Malta over two years.
Spring 2019 Economic Forecast: Growth continues at a more moderate pace
The European economy is forecast to continue expanding for the seventh year in a row in 2019, with real GDP expected to grow in all EU Member States. As global uncertainties continue to weigh, domestic dynamics are set to support the European economy. Growth is expected to gather pace again next year.