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 EU's Justice and Home Affairs Council will discuss Thursday Bulgaria and Romania's Schengen bids but will not make a decision on the expansion of the visa-free area.
As a result, the decision on the accession of Bulgaria and Romania to Schengen will be postponed for March 2013.
According to sources close to the matter, as cited by the Bulgarian Telegraph Agency (BTA), a decision backing Schengen expansion must be approved unanimously by all Ministers participating in the sitting, while three countries have already opposed the accession of Bulgaria and Romania to the European border-free area.
The source, speaking on condition of anonymity, refused to name the two other countries opposing Bulgaria and Romania's Schengen bids apart from the Netherlands.
The source said that the recent political developments in the EU, including the elections in the Netherlands and the events in Romania, contributed to the decision to block Schengen expansion.
The source argued that there was no schedule for the expansion of the Schengen area, despite the fact that it was universally recognized that Bulgaria and Romania met the accession requirements.
In September, when the Interior Ministers of EU Member States were also expected to discuss Schengen expansion, the meeting was postponed on the grounds that too few of the issues on the agenda had reached a stage allowing decisions to be made.
Over the past months, Germany and Belgium grew increasingly skeptical towards Bulgaria and Romania's Schengen bids.
Their discontent was triggered by activities of the Romanian government labeled as a threat to the rule of law by observers.
The agenda of the meeting of the Justice and Home Affairs Council on Thursday also includes a discussion of counter-terrorism measures against the backdrop of the July 18 bus bombing in Burgas and the prevented terror attack in Cyprus in mid-July.
The agenda of the upcoming meeting also includes a discussion of the recent request of the six EU Member States for the introduction of a safeguard clause terminating visa-free travel for nationals of Western Balkan countries.
The source explained that there was a mechanism allowing a temporary freeze of the visa-free regime but added that no decision on the matter was expected.
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