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...
GRTU Director General and EESC Employers
Representative Vincent Farrugia has this week attended the Section for Economic
and Monetary Union and Economic and Social Cohesion. A major opinion was
discussed in this week's meeting on a macro-regional strategy in the
The EESC believes that funding sources in the form of
the considerable resources that have already been committed by the EU for
measures and programmes through the structural funds and the financing
instruments of the EIB represent adequate means that must be used transparently
as well as flexibly. It also advocates the setting up of a Euro-Mediterranean
investment bank through the EIB, as well as an open policy on funding from
The report particularly makes mention that Cyprus and
Malta will play a particularly important role in any new strategy framed by the
EU, as will all the islands of the Mediterranean, which face a very difficult
situation owing to their poor connections and communications with the
continental EU countries. The EESC believes it is necessary to generally
improve maritime and air links between the countries of the Mediterranean and,
more broadly, with the rest of the EU.
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).