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By Matthew Vella
Latest statistics from the European Union’s statistical office, Eurostat, have indicated that Malta has reached 75 per cent of the EU’s average rate of gross domestic product, but a government spokesperson told The Malta Financial and Business Times yesterday that Malta is lobbying hard so as to reap as much as possible from the funding currently available, which it believes are essential to its development. READ MORE >>
No date has yet been set for a meeting of the Malta Council for Economic and Social Development to discuss the 17 per cent surcharge on utility bills after a series of investigative reports revealed that the measure was introduced to recoup costs and losses since 1999 rather then because of the rising price of crude oil. READ MORE >>
By the end of the year Malta is expected to submit its national plan for emissions trading, just in time to join a global carbon dioxide emissions trading market aimed at reducing gasses which cause global warming - provided its plan is accepted by the EU Commission. READ MORE >
By Julian Manduca
Advocate Andrew Borg Cardona has told The Malta Financial and Business Times the government had few options but to reduce the number of public holidays in order to implement the budget measure that would cut down the number of days leave, by those falling on weekends. READ MORE >
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