Use the funds of the tax evaders not of taxpayers - We find it hard to accept that Government continues to finance projects in spite of the continuous warning from the EU Commission that our Budget deficit position cannot take the pressure. What this in practice means is that Malta runs the risk of slowing its economic revival after the recession as support programmes to enterprise will have to be curtailed or, even worse, that austerity measures including increased taxation will have to be introduced to ensure the financial dismal gap is closed as soon as possible.
The new report underlines how young people have borne the brunt of the crisis, with unemployment disproportionately hitting 15-24 year olds and reaching over 30% in some countries. The rise in unemployment combined with limited opportunities to re-enter work has aggravated the risk of a surge in long-term unemployment or people leaving the labour market altogether. The report stresses that it might be some time before we see a clear upswing for jobs. It covers in particular the impact of the labour market recovery measures adopted by Member States since the beginning of the crisis and also structural obstacles faced by young people in EU labour markets.
The Commission's 5th Report on Economic, Social and Territorial Cohesion shows that the EU's cohesion policy has made a significant contribution to growth and prosperity and promoting balanced development across the Union. Nevertheless, in view of the substantial economic and social developments over recent years, the policy now has to address new challenges. In the wider context of the EU budget review, the report underlines that future cohesion policy investments must be closely aligned to the objectives of Europe 2020. It also proposes introducing much stricter conditions as well as incentives to ensure the effective use of the funds dedicated to cohesion policy and an increased focus on results.
New plan sets out action to reach 75% employment target for the EU by 2020.
The agenda for new skills and jobs aims to make labour markets more flexible, give workers the skills they need, improve working conditions and create jobs.
UEAPME, the European association representing national business representatives, representing also GRTU, is looking for SME associations to participate in a European ICT project, BRITE, aiming at creating "the browser for the Internet of things".