The Ecofin Council (bringing together ministers of finance and the economy of the 27 EU Member States) and the European Parliament have reached an agreement on the EU budget for 2012. As a result of this compromise, the limit on payments for 2012 was set at €129.088 billion. This represents a 1.86% increase over the 2011 budget.
This is slightly below the average inflation rate of 2% for the EU27. In the 2012 budget, particular attention is being paid to programmes aimed at stimulating growth and employment such as the 7th Research and Development Framework Programme (FP7) and the Competitiveness and Innovation Framework Program (CIP). These contribute towards reaching the targets set by the Europe 2020 Strategy for smart, sustainable and inclusive growth. More funds will also be allocated to the area of freedom, security and justice with an additional €9 million being made available for FRONTEX and the European Refugee Fund.
24 April 2026
The Malta Chamber of SMEs, in collaboration with Transport Malta, organised the second educational session...
23 April 2026
Thanks to EU funding, the Malta Chamber of SMEs organised another free specialised training session...
22 April 2026
Earlier this week, Malta Chamber of SMEs President Mr Paul Abela attended a special event...
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).
