European Parliament Passes Law to Restrict Cash Payments to €10,000
The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
British Parliament was formally dissolved on Monday as the campaign for the forthcoming general election in the UK was officially unveiled.
British Prime Minister David Cameron held an audience with Queen Elizabeth II at Buckingham Palace, after which he announced that the general election will take place on May 7.
Cameron pointed to the achievements of his coalition government in the past five years, particularly its long-term economic plan, which increased employment and raised living standards.
The Conservative leader pointed to himself or his main rival Labour leader Ed Miliband as the next occupier of 10 Downing Street, the BBC reports.
According to him, the British electors “face a stark choice” between himself and Miliband, dismissing Labour's pre-election promises as “economic chaos”.
Earlier, Miliband hurled similar criticism at the Conservatives' policy on the EU as posing a “clear danger” to UK business.
The leaders of the other main contenders, the Liberal Democrats and the UK Independence Party (UKIP), respectively Nick Clegg and Nigel Farage also made statements on the start of the campaign.
Analysts have already labelled the election as the most “unpredictable” in a generation as a lot of domestic and international issues are at stake.
The election is vital not only for the UK, but also for Europe due to the proposed referendum on the UK's continued membership to the EU, which Cameron had promised to hold in case he is reelected.
The issues that are most likely to dominate the campaign include the economy and spending cuts, EU membership, the future of the National Health Service (NHS) and immigration.
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European Commissioner for Internal Affairs, Ylva Johansson, has highlighted the pressing need for increased labor migration in the European Union
The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
French President Emmanuel Macron issued a stark warning to Europe, urging the continent to confront the challenges of a rapidly changing world
The European Parliament has approved the EU's inaugural directive aimed at regulating the employment rights of individuals working through online platforms
As the Hungarian forint experiences volatility, German investors are increasingly advocating for Hungary to adopt the euro, reaching the highest level of support in over a decade
Eurostat data indicates that Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium reported the highest public debt-to-GDP ratios among EU member states by the conclusion of 2023
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