On 26th March, the European Commission issued guidelines to ensure an EU-wide approach to foreign investment screening in a time when industrial and corporate assets may be under stress. The aim is to preserve EU companies and critical assets, notably in areas such as health, medical research, biotechnology and...
The European Commission has approved a €215 million Maltese wage subsidies scheme to support companies operating in the sectors affected by the coronavirus outbreak, the commission said in a statement. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020,...
MEPs have backed the Brexit deal by 621 to 49 votes, paving the way for the UK to leave the European Union on Friday (31 January). After an emotional debate that lasted more than two hours, MEPs joined hands after the vote for a rendition of...
Minister for Finance Edward Scicluna welcomes the European Commission’s 2018 Winter Forecast wherein Malta’s growth rates have been revised upwards for the years 2018 and 2019. Minister Scicluna stated that, “this upward revision on behalf of the EU is a confirmation that Malta’s high rates of...
The European Commission today published its annual analysis of the economic and social challenges – the so-called Country Report – for each Member State, including Malta. The report is a tool under the European Semester for economic policy coordination, to monitor policy reforms and to...