€1.50
THURSDAY 23 JULY 2020 • ISSUE 68
WWW.BUSINESSTODAY.COM.MT
PAUL COCKS
13 companies took out loans of over €2mil-
lion under the Malta Development Bank's
COVID-19 Guarantee Scheme in order to
survive the pandemic, BusinessToday has
learned.
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LUCIANO BRINCAT
INTERVIEW PAGE 6
Editorial PAGE 7
A GOOD DEAL
13 businesses took out
loans of over €2m each
to survive COVID-19
MALTA DEVELOPMENT BANK COVID-19 GUARANTEE SCHEME
A safe testing ground
for FinTech operators
Stockbroker revises
MIA price target from
€7.18 to €5.87
PAGE 5
European Parliament
issues stark warning over
budget compromise
PN rebels shun debate
on Theuma incident
• 25% of the scheme's
beneficiaries are companies
in the hospitality sector
• 90% were SMEs
EU leaders' 'landmark' agreement on the bloc's
coronavirus recovery package and next multiannual
budget deemed 'inadequate in the long term'
