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
On Tuesday, the House of Commons started a debate on the draft bill allowing the British government to launch negotiations on leaving the EU, reported AFP, cited by BTA.
"This is not a draft bill on the issue whether Great Britain has to leave the EU or not, or on how this should be done. This is a matter of Parliament simply allowing the government to implement a decision which has already been taken, after which there will be no turning back," stated at the beginning of the debates Brexit Minister David Davis.
"We asked the people of Britain whether they want to leave the EU and they decided they wish to do so. So, this law concerns a very simple question: Do we trust the people or not?" said Davis.
According to Davis, the British government has received a clear democratic mandate to take the country out of the EU after the referendum on June 23, 2016 when the British voted to leave the union.
The short document asks deputies "to authorise the PM to declare, in accordance with Art.50 of the EU Treaty, the intention of Great Britain to leave the EU".
The text will be reviewed on Tuesday and Wednesday in plennary hall.
There will be further debates ending with a vote on February 6, 7 and 8.
PM Theresa May took on the commitment to initiate the procedure for leaving the EU before the end of March.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
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
Concerns are mounting within the European Parliament regarding potential Russian interference in the forthcoming parliamentary elections, coupled with apprehensions surrounding Russian-owned properties in Bulgaria
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022