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...
GRTU is not
prepared to accept this economic nonsense. Encouraging local production to gear
itself to higher quality in search of niche markets in the enlarged European
market is one thing. Imposing controls on products originating in other European
Union member states to keep artificially high prices in Malta for inferior
products is a completely different and absolutely unacceptable thing. Asking
Traders to identify their sources of supply is unacceptable too Price control is
also a dead letter.
The Ministry of Rural Affairs is overstepping the
acceptable norms of free trade as practised within the EU internal market. GRTU
has already protested with the EU Commission and we are using our membership in
EuroCommerce and in UEAPME to cause the EU Commission to watch closely what is
happening in Malta.
Thus the GRTU is prepared to give its members
directives to challenge the newly emerging ugly face of
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).