Malta to get an additional E million in funds

Published: 26 July 2004 y., Monday
The government has spent the E8.9 million allocated under the 2004 Transition Facility, and the Commission has accepted to provide an additional E2.9 million which have not been spent by other new member states. The DOI revealed the additional funding in a statement released yesterday. The purpose of the Transition Facility is to continue to assist the new member states in their efforts to strengthen their administrative capacity to implement Community legislation and to foster exchange of best practice, said the DOI. The Transition Facility will be utilised for a number of projects among which those related to upgrade the Blood Transfusion Service, the Occupational Health and Safety Authority, improving Border Controls and the Asylum system plus assistance to Malta Enterprise, Malta Maritime Authority, Malta Standards Authority and the Tax Compliance Unit among others. These funds will therefore improve Malta’s current administration which will result in better services to citizens and businesses. The 2004 Transition Facility allocation for Malta was originally set at ≠8.9 million. During the programming phase, however, the total value of the projects submitted by Malta substantially exceeded this figure, said the DOI. Normally a selection process would have been carried out to determine which proposals to take forward and which ones to drop in order to remain within the stipulated allocation. This year, however, during the intensive negotiations between the Planning and Priorities Coordination Directorate and Directorate-General Enlargement, the Maltese side made a strong case that all the projects that had been submitted were very important in the context of all the work going on to ensure that the administration would be in a position to deliver on a par with the other member states.
Šaltinis: vol.net.mt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Baltic Banking Among the Most Advanced in CEE

“Banking Market in the Baltics 2009-2011, CEE Banking Brief” report recently presented by Intelace Research states that, despite the current economic recession, Estonia, Latvia and Lithuania are still among the most advanced banking markets in Central and Eastern Europe (CEE). more »

During three quarters of this year AB Bank SNORAS was working profitably

According to the unaudited data for three quarters 2009, AB Bank SNORAS earned LTL 4.1 million profit. Although the inter-banking market of the country fixed the banks’ asset decrease (- 4.6 per cent) since the beginning of the year, the assets of Bank SNORAS grew by LTL 249.3 million and were by 4 per cent higher than at the beginning of 2009. more »

DnB NORD Bankas revises term deposit rates

Taking into account changes on domestic money markets AB DnB NORD Bankas, a member of international financial group shall change individual and corporate time deposit rates from November 5. more »

Lithuanians to Maintain Italian and Slovak Aircrafts

FL Technics, the leading aircraft maintenance, repair and overhaul (MRO) provider in Eastern Europe, has signed contracts with Air Italy and Air Slovakia for Boeing 737-300 aircraft base maintenance in Lithuania. more »

Halloween haunts charity coffee morning

Thales UK’s headquarters site in Weybridge has recently held a Halloween charity coffee morning, raising more than £280 for Marie Curie Cancer Care. more »

Verizon Business Helps Businesses Take On Today’s Biggest Security Threat – Attacks on Web-Based Applications

New SaaS-Based Vulnerability-Scanning Solution Is Latest Addition to Company’s Application Security Program. more »

Bank SNORAS considerably reduces the (commission) fees for accepting payments

Since 31 October 2009, only LTL 0.99 fee for accepting payments will be applied to clients while making payments for various services (utility fees, communication services, etc.) in all subdivisions of Bank SNORAS. more »

DnB NORD Bankas to offer repo deals online

AB DnB NORD Bankas, the country‘s leader in investment products market, offers a new possibility for the clients to make repurchase deals (repo deals) in the bank’s newly installed on-line trading platform. more »

Further financial integration crucial for eastern Europe, despite role in crisis

The benefits of the integration of eastern Europe’s financial systems into the world economy outweigh the costs that have been highlighted during the global economic crisis, the EBRD has concluded in a new report. more »

Fisheries: EU is ready to combat illegal fishing

On 22 October 2009, following the favourable opinion expressed in September by the Committee for Fisheries and Aquaculture, the Commission adopted a Regulation establishing the implementing rules for the 2008 Regulation to prevent, deter and eliminate illegal, unreported and unregulated (IUU) fishing. more »