GRTU in collaboration with Bank of Valletta have this week held an information session focusing on SME financing. During this session CEO Abigail Psaila Mamo mentioned that 99.8% of Maltese enterprises are SMEs and 94% of these consist of micro enterprises.
Long term sustainability requires a balance between sustainability in economic, socio-cultural and environmental terms. The need to reconcile economic growth and sustainable development also brings in an ethical dimension.
The European has launched its public consultation to collect ideas and feedback on how the "Small Business Act" for Europe (SBA) can be reviewed in order to ensure a European policy that continues to support Small and Medium-sized enterprises (SMEs) and entrepreneurs 2015-2020.
At a special meeting of the European Council on 30 August, European leaders called for speedy implementation of the 2014 European Semester country-specific recommendations endorsed on 27 June as well as of the Strategic Agenda with its strong focus on jobs, growth and competitiveness.
In October 2014, EU countries that heavily rely on coal are expected to receive billions in funding to cut greenhouse emissions. Specifically, EU leaders are expected to stimulate Eastern European countries to sign up for the new 2030 climate goal, which aims to cut emissions by 30%.