A Budget that extends the safety-net for Businesses, more tax incentives should follow to enable new investments
19 October 2020
Budget 2021 The Malta Chamber of SMEs is pleased to see a number of its...
GRTU's Director General Vincent Farrugia and also EESC member and rapporteur on the EESC Opinion on the Effective Enforcement of Budgetary Surveillance in the Euro Area met this week Ms Sylvie Goulard, MEP, at the European Parliament as rapporteur on the same Commission Communication but at the European Parliament.
During the meeting Mr Farrugia and Ms Goulard discussed both their reports and tried to find common ground, this would be desirable due to the high importance of the subject .
The Proposal forms part of a package of 6 legislative proposals aimed at strengthening economic governance in the EU – and more specifically in the euro area – as part of the EU's response to the challenges highlighted by recent turmoil on sovereign debt markets. The European Council of 24-25 March 2011 noted that the 6 pack of legislative proposals on economic governance is key to ensuring enhanced fiscal discipline and avoiding excessive macroeconomic imbalances. The 6-pack forms part of a wider comprehensive package of measures adopted by the European Council which should allow us to turn the corner of the financial crisis and continue our path towards sustainable growth. This package will strengthen the economic governance of the European Union and ensure the lasting stability of the euro area as a whole. Within the new framework of the European semester, the European Council endorsed the priorities for fiscal consolidation and structural reform giving a clear orientation for the preparation of the next year's national budgets and reform plans.
The role of EESC is fundamental to ensuring that the Parliament takes the right decision as will effect all the countries in the Eurozone.
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).