MDB issues new scheme with revised collateral requirement after the Malta Chamber of SMEs highlights difficulties
23 September 2020
Following problems flagged by members on accessing the MDB loan scheme, the Malta Chamber of...
A package deal comprising the 2014 EU budget and the
financing of EUR 400.5 million to remediate flood and drought damages in
four member states was agreed today by the Council and the European Parliament
at a meeting of the Conciliation Committee.
"I believe that today's agreement on the 2014 EU
budget is a good start for the new programming period", said
Vice-Minister for Finance of Lithuania and President of the Council Algimantas
Rimkunas. "I'm glad that we could reach an agreement with the European
Parliament on the financing of priority areas such as growth, employment, innovation
and humanitarian aid. We also agreed to reinforce the financing on migration,
FRONTEX, the European Asylum Support Office, Europol and the three supervisory
authorities which are important for the proper implementation of the Economic
and Monetary Union."
The agreement on the 2014 EU budget, which is the
first under the multiannual financial framework (MFF) for 2014-2020, meets
preserves member states' budgets from additional pressure which might force
them to strengthen their consolidation efforts at national level by setting the
level of funds significantly below the 2013 budget;
– It leaves
sufficient margins under the MFF ceilings to allow the EU to cope with
– It ensures that European taxpayers' money is
spent on the most urgent political priorities, notably on measures to boost
growth and create jobs, in particular for young people.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).