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

First woman wins Nobel Economics

Elinor Ostrom -- an American professor who developed ways to manage common property - is the first woman to win the Nobel prize for economics. more »

435 construction workers in the Netherlands to receive help from EU Globalisation Fund

The European Commission has today approved an application from the Netherlands under the Globalisation Adjustment Fund (EGF) for € 386 114 to help 435 workers made redundant by Heijmans N.V., a Dutch construction company, back into jobs. more »

Lithuanian biotech products conquer China

Seeking to strengthen and further expand product sales in the Asian region, the Lithuanian biotechnology company Fermentas established its subsidiary in China. more »

Foreign trade of Lithuania in January– August 2009

Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in January–August 2009 totalled LTL 25.6 billion, while imports – LTL 28.9 billion. more »

AB „Finasta Holding“ will control „Finasta“ group and other companies of bank SNORAS group, engaging in financial investment activity

On 6 October 2009 AB Bank SNORAS Board decided to reform the Private Limited Company UAB “SNORO investicijų valdymas” into the Public Limited Company AB „Finasta Holding“, which will control recently obtained „Finasta“ group companies and other Bank SNORAS group companies, engaging in investment management. more »

Bust airlines - MEPs back compensation for grounded passengers

If your airline goes bankrupt and leaves you stranded what are your legal rights? Members of the Parliament's Transport Committee want grounded passengers to have access to a special compensation fund. more »

Crisis lessons

Euro report says currency provided protection from interest and exchange rate turbulence. more »

Prices for industrial production in September 2009 dropped by 1.6 per cent

Statistics Lithuania informs that in September 2009, against August, prices for total industrial production sold dropped by 1.6 per cent. more »

IFIs pledge continued drive to support Central and Eastern Europe through recovery

The European Bank for Development and Reconstruction (EBRD), the European Investment Bank (EIB) Group, and the World Bank Group* on Monday warned against complacency in the face of significant challenges that stand in the way of economic recovery in Central and Eastern Europe. more »

DnB NORD Bank to approve new note issue programme

The leader of the country’s investment products’ market – AB DnB NORD Bankas – intends to issue up to EUR 300 million nominal value corporate notes in local and foreign markets over the next 12 months. more »