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...
Strong first-quarter growth in Germany but slump in Italy. – Germany's first-quarter growth was higher than predicted while other eurozone economies stagnated or shrank, according to figures released this morning.
Germany's economy grew 0.5% from the last quarter of 2011, five times as much as predicted by analysts. The growth was driven mainly by exports.
The eurozone economy as a whole stayed flat, avoiding recession.
But Italy's gross domestic product (GDP) shrank by 0.8% in the first quarter – the country's biggest drop in three years and worse than expected. France's GDP stayed flat, while the Dutch economy was down 0.2%.
The GDP of the EU's 27 member states grew 0.1% in the first three months of this year.
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).