€1.50
THURSDAY 17 NOVEMBER 2022 • ISSUE 181
WWW.BUSINESSTODAY.COM.MT
PAGE 7
PAGES 10 & 11
PAGE 3
Council of the EU agrees
on mandate on economic
anti-coercion rules
UK inflation
jumps to 41-year
high of 11.1%
'A Class office
and hospitality
segments are
our focus'
PAUL COCKS
EU member states Wednesday
agreed on their negotiating
position (mandate) on a regu-
lation on the protection of the
Union and its member states
from economic coercion by
third countries (Anti-Coer-
cion Instrument - ACI).
This will be a new instru-
ment in the EU's toolbox of
autonomous instruments with
the aim of deterring third
countries from targeting the
EU and its member states with
deliberate economic coercion.
The instrument will allow
the EU to defend itself better
on the global stage through
a large variety of response
measures.
"This new tool will serve as a
deterrent and will counteract
economic coercion by third
countries in a time of rising
geopolitical tensions," Jozef
Síkela, Minister of Industry
and Trade of the Czech Re-
public, said.
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Interview with Tonio
Fenech, executive director
of Von der Heyden Group,
which has just launched a
ten-year €35 million bond
