Invest In EU News

  • More Residents Visited Non-EU Countries Than Spain, Germany Put Together During First Half Of 2019

    Italy and the United Kingdom remain the most popular destination for local residents.

    Residents living in Malta took more trips to non-EU countries than Spain and Germany put together during the first half of 2019, figures released by the National Statistics Office show.

  • How do 2 million people get their hands together in offline conditions?

    August 23 from From 14.00 to 20.30 the Cabinet of Ministers will be able to get acquainted with the story of the idea of ​​the Baltic Way and the challenges of organizing it, see the cars that the participant brings to the venues and meet the people who stood on the Baltic Way.  

  • Zero bureaucracy - stopping the increase in administrative burdens

    The regulatory framework adopted in recent years has significantly increased the administrative burden on business in order to streamline operations in certain business areas, limit the informal economy and ensure fair market competition. On August 20, the State Chancellery presented to the government asolution to the Zero bureaucracy approach to stop its further growth .

  • More Residents Visited Non-EU Countries Than Spain, Germany Put Together During First Half Of 2019

    Italy and the United Kingdom remain the most popular destination for local residents.

    Residents living in Malta took more trips to non-EU countries than Spain and Germany put together during the first half of 2019, figures released by the National Statistics Office show.

  • Gozitan Students Feel Benefits Of Fourth Gozo Ferry

    As commuters who face a difficult journey travelling to the University of Malta frequently, Gozitan students know all too well what it means to face excessive queues and delays when travelling between Malta and Gozo.

    In comments given to MaltaToday by Gozo University Group (GUG) president Renée Formosa, it was said that the fourth ferry had made a “world of a difference, clearly showing how useful it was.”

  • State aid: Commission approves €60 million public support for broadband network project in the Carinthia region in Austria

    The European Commission has approved, under EU State aid rules, €60 million of public support for the deployment and maintenance of infrastructure necessary for the roll-out of ultrafast broadband internet in remote rural areas of the Carinthia region in Austria. The beneficiary of the aid is a newly established company owned by the state of Carinthia. Third party service providers will be granted access to the broadband network on equal and non-discriminatory terms.

  • Hungary owes its coming into being and survival to great achievements

    Hungary and the Hungarian nation owe their coming into being and survival to great achievements, the Minister heading the Prime Minister’s Office said on Friday in the Castle Garden Bazaar in Budapest where he handed over state decorations on the occasion of the celebration of the foundation of the state.

    Gergely Gulyás said “our national horizon is as wide as it is because we are standing on the shoulders of giants”.

  • Ministry of Finance requests opinions on proposals for income tax in draft budget 2020

    On August 19, the Ministry of Finance sent a number of proposals for income tax implementation to implement the government program. The proposals concern, inter alia, the partial exemption of removals costs, the reduction of the tax rate for non-resident employees, the reduction of the household deduction and the progressive reduction of the right to deduct interest on housing loans.

  • One year anniversary of Greece successfully concluding stability support programme

    Today marks one year since Greece successfully concluded its European Stability Mechanism (ESM) stability support programme. The 3-year stability support programme took a coordinated approach to tackling long-standing and deep-rooted structural issues that contributed to Greece experiencing an economic crisis and losing access to financial markets. In total, Greece's European partners provided €61.9 billion in loans in return for the Greek authorities implementing a comprehensive reform package.

  • "Ashtrays polls" to fight against the jet of butts

    About thirty ashtrays were installed in the streets of Paris, as part of the project for a cleaner city voted in the participatory budget.

    Are you rather flip flops or sandals? Beyoncé or Rihanna? Pont Neuf or Pont des Arts? Quinoa or burger? It is by slipping one's butt into one of the two holes each corresponding to a proposition that the smoker answers these fundamental questions.

  • Global banks meet in China for first Green Investment Principles plenary meeting

    The City of London Corporation is helping to bring together some of the world’s biggest banks in Beijing tomorrow (Friday 16 August) to discuss for the first time implementation of Green Investment Principles (GIPs) for the Belt and Road, announced in London in November last year.

  • President of Russia Vladimir Putin to make working visit to Helsinki on Wednesday 21 August

    The visit will be hosted by President of the Republic of Finland Sauli Niinistö.

    President Niinistö and President Putin will hold official discussions in the Presidential Palace. In addition to bilateral relations between Finland and Russia, the Presidents will discuss regional and international issues. Following their discussions, the Presidents will hold a joint press conference. The visit will conclude with a dinner at the Suomenlinna Sea Fortress.

  • Into The Curious World Of Blockchain Technology And Post-Apocalyptic Survival Gaming

    Stephen Arnold from Fracture Labs has spent much of his career working on video games, now incorporating his love of survival games with blockchain technology. This is his story.

    As blockchain technology sweeps the world of various professional service industries, there is one area where the revolutionary technological development is just starting to make its mark: video games.

  • Expands opportunities for EU co-financing for the development of GP practices

    In the future, municipal capital companies will also be eligible for funding from the European Regional Development Fund (ERDF) to support the establishment of primary care centers. This is envisaged by the amendments to the Cabinet of Ministers' amendments to the Cabinet of Ministers approved today, August 13, which expand the range of applicants who can apply for ERDF co-financing for the development of GP practices.

  • Mergers: EU Commission clears the acquisition of sole control of AmTrust by Centerbridge

    The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of AmTrust Corporate Member Limited and certain other business assets (“AmTrust”) of the UK by Centerbridge Partners L.P. of the U.S. AmTrust provides a range of non-life insurance and reinsurance services in the European Economic Area. Centerbridge is an investment management firm focused on private equity and distressed investment opportunities.

  • ECB shuts down compromised BIRD website

    • ECB’s BIRD website hacked by unauthorised parties
    • Email addresses and other contact data may have been captured
    • No internal systems or market-sensitive data compromised
    • BIRD website shut down until further notice

  • Government approves eleven more irrigation rehabilitation projects

    The Minister of Agriculture, Forestry and Rural Development approved 11 more traditional irrigation rehabilitation projects in Aveiro, Bragança and Porto districts. In all, about 700 hectares will be benefited, with a public investment of 1.5 million euros. 540 farmers from the municipalities of Arouca, Baião, Felgueiras, Lousada, Paredes, Penafiel, Valongo and Vinhais will be covered by these projects.

     

  • Prime Minister welcomes labor agreement on transport

    Prime Minister António Costa welcomed the agreement reached between the National Association of Public Road Hauliers (Antram) and the Federation of Transport and Communications Unions (Fectrans), writing in their Twitter account that 'common sense prevailed'. and the dialogue ».

     

  • Economy maintains growth in second quarter of 2019

    Gross Domestic Product grew by 0.5% in real terms (compared to the previous quarter) and 1.8% year-on-year (compared to the same quarter last year), in the second quarter of 2019, maintaining the momentum of growth. in the previous quarter. This is the 21st consecutive quarter of growth of the Portuguese economy. 

     

  • Expands opportunities for EU co-financing for the development of GP practices

    In the future, municipal capital companies will also be eligible for funding from the European Regional Development Fund (ERDF) to support the establishment of primary care centers. This is envisaged by the amendments to the Cabinet of Ministers' amendments to the Cabinet of Ministers approved today, August 13, which expand the range of applicants who can apply for ERDF co-financing for the development of GP practices.

  • Diaspora members can join voluntary pension insurance

    Diaspora members have the option of joining pension insurance on a voluntary basis to receive an old-age pension. This is expected this year. On August 13, the Cabinet of Ministers approved amendments to the regulations “Regulations on voluntary affiliation to the state social insurance”.

  • EU mobilises €9 million to tackle the food crisis in Haiti

    The European Union has released €9 million in humanitarian aid in response to the deteriorating food and nutrition situation in Haiti. The humanitarian aid will cover the basic food and nutritional needs of more than 130,000 people living in the worst affected areas.

  • Amsterdam is the setting for the world’s first dynamic ‘bridge’ of autonomous boats

    The Amsterdam Institute for Advanced Metropolitan Solutions (AMS Institute) and researchers at MIT have developed roundAround, the world’s first dynamic ‘bridge’ made of autonomous vessels known as Roboat units.

    Exploring the possibilities of autonomous boats

  • Uncertainty Over Whether Rent Reform Will Bring Stability

    President of the Estate Agents Section (EAS) within the Malta Developers’ Association (MDA), Douglas Salt says that the rental market had already been “correcting itself”.

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