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...
In England products 'contaminated' with
fragments of horse have been found in food served in schools, pubs and hotels,
while the chain Whitbread admitted to the contamination of lasagna and burgers.
It is worthy to note that paradoxically
this situation was created in the two countries that are known for being horse
lovers, holding the highest of respect for this animal, and eating horse meat
is considered a sacrilege.
The European Union is very worried and
is mobilizing to resolve this big problem.
The European Commission in fact has
announced that it plans to DNA-test meat products in all EU Member States to
assess the scale of the problem.
Following testing, if found necessary
the Commission will enforce stricter controls regarding mandatory origin
Currently, this requirement only
applies to fresh beef, frozen or minced but does not apply to the beef as soon
as it is used in a meat product (e.g. sausages) or a prepared meal (e.g.
lasagne). Mandatory origin labeling should therefore be extended also to cover
such products and also to fresh lamb, pork and poultry in December 2014.
It's also very important to note that
at the same time increasing pressure will be put on companies that sell their
products to final consumers (and therefore responsible for the labeling) to pay
more attention to where they source their ingredients.
EuroCommerce, which represents GRTU at
Brussels level, and its members are working closely with authorities to
reaffirm consumers' trust in the labels on their food products.
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).