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
EU Interior Ministers countries will discuss the plan proposal according to which member states will need to distribute the 40,000 refugees coming from Italy and Greece. The decision will be made at the informal meeting in Luxembourg that is currently the Chair of the Council of Europe.
Leaders across the EU have largely voted against the European Commission’s proposal for obligatory migrant quotas. As a result a decision was made for people arriving on boats across the Mediterranean and other refugees to be hosted voluntarily by other countries.
The decision on which countries will be hosting the refugees is expected to be reached by the end of the month. Bulgaria insists on receiving a special statute on account of the increased refugee influx from the Turkey border.
According to a statement made by German Chancellor Angela Merkel, the EU is set on assisting the Balkans and Hungary to deal with the increased refugee numbers, the Bulgarian National Radio reported.
She added that Hungary and Serbia have been negatively affected by the current application system for obtaining a refugee statute that is not functioning. Merkel made the statement following her visit to Belgrade and added that Germany does not approve border fences as has been the case in Bulgaria and Hungary.
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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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Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022