EU Budget Commissioner non-committal on Malta’s financial package
By Matthew Vella
EU Budget Commissioner Michaela Schreyer yesterday said she is not aware of Malta’s expenditure in attaining EU environmental standards. She offered brusque answers as to how Malta is expected to finance capital projects when it is to receive a meagre EU handout of EUR7 million equivalent to Lm2.8 million a year, the annual turnover of a middle-sized Maltese company. READ MORE >>

New Lm6 million investment by Hilton Malta
New conference centre to open in March 2003
The Hilton Malta’s new conference centre will open in March 2003 with an initial investment of Lm6 million and is set to become a first-class venue for prestigious meetings and events. The new conference centre will be located adjacent to the Hilton Malta, with direct internal access from the hotel’s lobby. Centrally located in the Portomaso complex, the centre is to provides the ideal opportunity to mix business and leisure. READ MORE >>