Mr Justice Mark Chetcuti pointed towards a...
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Db Group City Centre Project In Pembroke Revoked
Mr Justice Mark Chetcuti pointed towards a conflict of interest by a Planning Authority board member when revoking the permit.
A decision by the courts has seen a permit revocation for the controversial dB Group City Centre project tin Pembroke on the grounds that a Planning Authority board member, Matthew Pace, has a conflict of interest.
The application of the reverse charge procedure for certain transactions has been clarified 18/06/2019
A number of changes to the Value Added Tax (VAT) Act will come into force on July 1 this year. One of them is to clarify the application of the reverse value tax (VAT) payment procedure introduced last year in transactions with metal products, construction products, household electronic equipment and household electric appliances.
FM regularly analyzes and informs the public about tax incentives
Referring to the audit carried out by the State Audit Office on tax rebates, we inform that the Ministry of Finance (MoF) has been developing and publishing a report on tax incentives since 2014 on a regular basis. It aims to raise public awareness of tax incentives, their size, their purpose, and their impact on budget revenue.
The bear will participate in the European Council on Thursday and Friday
Prime Minister Krišjānis Kariņš will participate in the European Council in Brussels on 20 and 21 June.
Portugal is attracting European and North American partners to a new space age
The Minister of Science, Technology and Higher Education, Manuel Heitor, said that Portugal wants to play a leading role in the new space age, during the Paris Air Show in France.
Last Correspondent Bank Clearing Us Dollars For Bov To Cut Ties Come December
“Bank of Valletta plc has intensified its endeavours to engage alternative correspondents to minimise any possible operational disruption to its business and its clients," it said in a statement.
The last correspondent bank to clear US dollar transactions for Bank of Valletta will be ending its relationship with the local bank come December.
New legal rules for all legal entities below
In order to ensure greater transparency on legal entities registered in the Register of Enterprises, including their formal and “real” owners or natural persons who are the beneficial owners of legal entities (PLGs), the legislator has granted new powers to the Register of Enterprises.
The European Commission increases support for the EU's beekeeping sector
The European Commission will provide €120 million to the EU's beekeeping sector over the next three years to support its essential role in agriculture and the environment. This represents an increase of €12 million compared to the support provided for the period from 2017 to 2019.
Barriers to trade: as protectionism rises, EU continues opening up export markets for European firms
The European Commission's report released today confirms the continuous rise in barriers encountered by European companies in foreign markets. Thanks to the EU's firm response, 123 such barriers have been eliminated since the beginning of the current Commission mandate, allowing for more than €6 billion extra exports in 2018.
Trade Deficit Narrows In Year-On-Year Comparison
Malta's largest registered increase in imports came from the UK, while its largest increase in exports was directed towards the USA.
A trade deficit of €234.2 million for international trade in goods was registered according to provisional figures released by Malta's National Statistics Office (NSO) for April 2019. A trade deficit for the same period last year, April 2018, stood at €268.9 million.
Karins: Latvia has taken an important step in the fight against money laundering
Prime Minister Krišjānis Kariņš welcomes the adoption by the Saeima of a package of laws for the "capital repairs" of financial sector supervision, pointing out that Latvia has taken an important step in the fight against money laundering.
Data Protection Regulation one year on: 73% of Europeans have heard of at least one of their rights
Today, at the occasion of a stock-taking event to mark the first year of application of the EU General Data Protection Regulation, the European Commission is publishing the results of a special Eurobarometer survey on data protection.
‘No-deal' Brexit: European Commission takes stock of preparations ahead of the June European Council (Article 50)
Ahead of the June European Council (Article 50), the European Commission has today taken stock – in its fifth Brexit Preparedness Communication – of the European Union's Brexit preparedness and contingency measures, particularly in light of the decision taken on 11 April by the European Council (Article 50), at the request of and in agreement with the United Kingdom, t
Banking Union: Non-performing loans in the EU continue to decline
Efforts to reduce risks in the EU banking sector are bearing fruit, according to new figures released by the European Commission today.
Deepening Europe's Economic and Monetary Union: Commission takes stock of progress
Ahead of the Euro Summit on 21 June 2019, the European Commission today takes stock of the progress made to deepen Europe's Economic and Monetary Union since the Five Presidents' Report and calls on Member States to take further concrete steps.
EU reporting on sustainability and UN Sustainable Development Goals still lacking, warn Auditors
Despite the EU’s commitment to sustainability and the United Nations’ Sustainable Development Goals (SDGs), the European Commission does not report on or monitor how the EU budget and policies contribute to sustainable development and achieving the SDGs, according to a new review by the European Court of Auditors. The building blocks for meaningful sustainability reporting at EU level are largely not yet in place, say the auditors.
Eurojust supports 18 restrictive measures against tax fraud
Eurojust helped the Italian national authorities to crack down on an organised crime group involved in large-scale tax fraud and other financial crimes. 17 people were placed under restrictive measures in Italy and 1 was arrested in the UK through the execution of a European Arrest Warrant. The estimated damage, caused by tax evasion and other criminal activities, amounts to over €80 million.
New rules and guarantees in criminal proceedings now apply across the EU
Today, the directive on special safeguards for children starts to apply. It is the last in a set of six EU directives guaranteeing procedural rights for people across the EU, completing the full set of rights.
So far in 2019, applications for asylum in the EU+ are 15 % higher than last year, especially for Turkish and Venezuelan nationals
Fewer applications in April for the 10 main citizenships of origin, except for Turkish nationals.
Mergers: Commission prohibits proposed merger between Tata Steel and ThyssenKrupp
The European Commission has prohibited the creation of a joint venture by Tata Steel and ThyssenKrupp under the EU Merger Regulation. The merger would have reduced competition and increased prices for different types of steel. The parties did not offer adequate remedies to address these concerns.
Migration policy: Council agrees partial negotiating position on return directive
The EU is working to make the rules for returning irregular migrants more effective. Today the Council agreed on a partial negotiating position on the revised return directive. This position covers all aspects of the proposed revision apart from the provisions on the border procedure for returns. This is because the scope of this procedure is defined by the Asylum Procedure Regulation, which is currently under discussion.
EIOPA re-consults on new amendments to technical standards on the mapping of ECAIs
In October 2018 the Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) launched a public consultation to amend the Implementing Regulations on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs) for credit risk.