SME Chamber participated during a conference by the Malta Sustainability Forum organised by APS Bank
17 November 2022
The discussion focused on the Voluntary Occupational Retirement Pension SME Chamber Vice President, Michael Galea,...
The European Commission (DG Competition) published a communication on the "Enforcement of State Aid Law by National Courts". To promote the use of national courts, in order to fight illegal aid given to (large) competitors, may be an efficient way to ensure a level playing filed for small enterprises.
In most of the cases legal complains to national courts may be a more efficient way to stop illegal aid than sending complains to the EU Commission, which needs normally much more time to take and to enforce negative State aid decisions.
The guiding principles for a comprehensive reform of state aid rules and procedures over the next five years have been outlined in a State Aid Action Plan just adopted by the European Commission.
In particular, the Commission intends to use the EC Treaty's state aid rules to encourage Member States (MS) to contribute to the Lisbon Strategy by focussing aid on improving the competitiveness of EU industry and creating sustainable jobs, on ensuring social and regional cohesion and improving public services.
Competition Commissioner Neelie Kroes commented: "The state aid reforms outlined in the Action Plan aim to ensure MS have a clear, comprehensive and predictable framework, so that they can provide state aid which contributes to cohesion, competitiveness and high quality public services."
The State Aid Action Plan is based on the following elements:
a more refined economic approach, so that less distortive aid, particularly where money is less easily available from financial markets, can be approved more easily and quickly and so that the Commission concentrates its resources on the cases liable to create
This is a positive proposal for GRTU and its members and therefore GRTU urges the national authorities to react positively on this initiative of the European Commission.
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).