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
Queen Elizabeth II officially appointed Theresa May as the new prime minister of the United Kingdom on Wednesday.
May traveled to Buckinhgam Palace where she officially accepted the invitation of the Queen to form a new government. Prior to that, the Queen accepted the resignation of David Cameron as prime minister.
Cameron resigned immediately after the outcome of June's referendum on the UK's membership to the EU in which 51.9 % of voters had supported Brexit.
On Monday, it became clear that May will succeed Cameron after the other remaining candidate for the leadership of the Conservative party, Andrea Lisdom, withdrew from the contest.
During his farewell statement on Wednesday, Cameron said that his successor, who had served as home secretary in both his cabinets, would provide strong and stable leadership.
May becomes the second female prime minister in the history of the UK after Margaret Thatcher who ruled between 1979 and 1990.
One of her first tasks will be to appoint a new cabinet. After that she will have to negotiate the terms and conditions of the UK's withdrawal from the EU.
During her first speech as prime minister, May identified her mission as being to build a better Britain. She also vowed to create a country that “works for all not just the privileged few”, the BBC quotes her as saying.
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