AGP Executive Report
Last update: 7 hours agoEU Budget Fight: Seventeen EU countries, including Malta, signed a joint letter urging the bloc to protect Cohesion Policy and the CAP from cuts in the 2028–2034 budget, warning reductions would weaken Europe’s competitiveness and food security. Food Prices & Imports: Malta’s commerce minister challenged abnormal fruit pricing, asking traders why sweet oranges (“malta”) hit Tk 520/kg and ordering action against unjustified hikes, while pushing importers to open letters of credit fast to raise supplies and stabilise the market. Consumer Protection: The minister directed the national consumer rights watchdog to investigate if evidence of abnormal pricing is found, with a duty review promised for malta and a separate decision expected on dates’ duties. Inflation Watch: Eurozone inflation accelerated to 3.8% in September, driven mainly by higher energy costs, with Malta reported at the lowest rate in the bloc at 2.4%. Tourism SME Support: WTTC and the ICC signed a partnership aimed at boosting travel and tourism SMEs, including access to tools and policy discussions ahead of the WTTC Malta summit.
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