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
The permanent representatives of EU member-states agreed to extend the emergency border control within the Schengen area by three months until the middle of May.
Immigration and security continue to dominate the political agenda, reported Reuters, cited by BTA.
The Schengen area for free travel collapsed after about 1.5 million migrants and refugees arrived in the EU after 2015 and 2016, which compelled the EU to adopt emergency measures.
Germany, Austria, Sweden, Denmark and Norway (which is not a member of the EU) started to restore urgently control along their borders after September 2015. They received official permission to extend the duration of this measure on Wednesday.
Germany will most probably extend the deadline for emergency border control beyond the additional three months because of the upcoming parliamentary elections on September 24.
The influx of migrants and refugees created a political crisis and sharp contradictions among EU member-states which could not agree on how to share the burden.
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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
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