Malta: EU and Malta Partnership Funds for Structural and Investment Growth
Since Malta joined the European Union in 2004, European funds have served as a major contributor towards enhancing the country's socio-economic infrastructure. On October 29, 2014, the office of the Maltese Deputy Prime Minister and the Parliamentary Secretariat for the EU Presidency 2017 announced that the European Commission had approved Malta’s Partnership Agreement for 2014-2020. The agreement will allow Malta to invest around €1 billion of EU funds that will see an increase in economic growth, and to create more jobs. Malta will be benefitting from the following funds: European Regional Development Fund; the European Social Fund; the Cohesion Fund; the European Agricultural Fund for Rural Development and the European Maritime and Fisheries Fund.
Malta: EU and Malta Partnership Funds for Structural and Investment Growth