Press Release: A Budget that leaves more funds in people’s pockets, encourages work and investments
11 October 2021
Ignores however the negative effects of the Greylisting on SMEs The Malta Chamber of SMEs...
The editorial of the latest issue of
the Employers' Group Members of EESC, Vincent Farrugia Director General of the
GRTU Malta Chamber of SME's and Maltese Employers representatives at EESC
appealed for a European Action Plan for Retail. Mr. Farrugia wrote that Retail is a
European success story, employing around 18 million people and accounting for
4.2% of GDP.
To achieve this European Commerce needs
a full and proper implementation of the Services Directive, the removal of
discriminatory trade and tax laws, and selective planning laws, the
establishment of an efficient digital retail market underpinned by competitive
and efficient payment services, and a significant reduction in the cumulative
impact of regulation. Legislation must not inhibit online cross border sales. A
test should apply to current and future legislation, its implementation
and enforcement by Member States.
The Commerce sector need more effective
action on infringements, strengthening enforcement with greater administrative
co-ordination and acceleration of infringement procedures; stronger
notification procedures, and; better assessment of the impact on retail. There
should be an expert group on planning and the freedom of establishment.
Following the Commission's retail
market monitoring report of July 2010, and the Parliament's report on "a more
efficient and fairer retail market", the major EU level bodies representing
employers in retail trade want to work with the Parliament and Commission to
address the barriers, often regulatory, facing retailers and to secure greater
recognition of retail's important contribution to the European economy, now and
in the future.
These proposals relate to existing or
planned Commission initiatives. Both their impact on retail and their
importance for retail must be recognized. The European Action Plan for Retail
Enable a fully functioning internal market for goods,
services and capital,
Make the digital agenda a reality for business and
Support employment, skills development and
Support expansion beyond EU markets.
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).