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...
Council has adopted a decision allowing Latvia to adopt the euro as its
currency as of 1 January 2014. this decision will extend the euro area to 18
member states and gives Latvia almost 6 months to prepare for the changeover.
Council also adopted regulations setting a permanent conversion rate for the
Latvian lats against the euro, and adapting certain technical provisions on the
conversion rate is set at 0.702804 Latvian lats to one euro, which corresponds
to the current central rate of the lats in the EU's exchange rate mechanism
decision was taken at a meeting of the Economic and Financial Affairs
Council. In the light of reports from
the commission and the European Central Bank, the European Council welcomes the
fact that Latvia had fulfilled all the convergence criteria set out in the EU
Treaty and the Commission's proposal for it to join the euro.
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).