Five enterprises benefit nearly 4 million euros in interest rate subsidies

Five enterprises benefited nearly 4 million in interest rate subsidies according to parliamentary question answered by Minister for the Economy, Investment and Small Businesses.

The question, which was put forward by MP Anthony Aguis Decelis, also showed that in 2016 two companies benefited 280,000 euro so far.

When pressed about the discrepancies in amounts between the years by MP Censu Galea, the minister said that the amount subsidized in 2015 was an indication of a productive government allowing enterprises to grow and invest within the country, going as far to say it would have been better if the government subsidized "10, 20, or 30 million euros" 

from The Malta Independent http://ift.tt/2fegz7x
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