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BUSINESS TODAY 6 April 2023

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€1.50 THURSDAY 6 APRIL 2023 • ISSUE 200 WWW.BUSINESSTODAY.COM.MT PAGE 3 PAGE 3 PAGE 5 Government reluctance to stand up to EU aviation fuel tax spells trouble for Malta – Peter Agius VdHG expands its catering arm, Hammett's Collection, overseas Corinthia in MoU to operate assets within Red Sea Jedda Marina district KARL AZZOPARDI GOVERNMENT'S unwillingness to stand up to the proposed European-wide taxation on energy will have repercus- sions on industries and consumers, Na- tionalist MEP candidate Peter Agius said. "is is unacceptable as it sets Malta at a further competitive disadvantage when compared to mainland Europe. Maltese consumers would face even higher in- flation due to increased transport costs while manufacturing jobs will come under more pressure from competition inside the EU itself as well as outside," Agius said. e directive proposed by the Euro- pean Commission deals with various aspects and not just aviation fuel. e proposal is to introduce a progressive tax on aviation fuel supplied in the EU for in- tra-EU flights. STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 5 Apr 2023 Number of Trades: 189 Turnover: € 1,464,637.35 MSE TRX Index: 7,402.26 Change: +0.331% Name: 4.65% SMF SEC BDS MT0002251222 - Currency € Last Traded: 5 Apr 2023 Price 101.500 Change +1.500 US Dollar 1.0388 British Pound: 0.86477 Japanese Yen: 144.59 Australian Dollar: 1.5451 Swiss Franc: 0.98700 7,587.67 75.67 7,592.39 / 7,512.00 Value Net variation High / Low +1.01% THE SHORELINE Peter Agius

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