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
Turkey is to get some EUR 3 B in funding, visa liberalization with the EU, and the prospect of having membership talks renewed, EU and Turkish leaders have decided at a Sunday summit.
In return, Ankara will have to stem the flow of migrants trying to cross from its borders into neighboring Southeastern European countries.
Of the EUR 3 B, some EUR 2.5 B will be a contribution from member states, and the rest will be earmarked from the EU's common budget.
Turkey's PM Ahmet Davutoglu called Sunday's meeting a "historic" event in the EU membership negotiation process.
The visa deal comprises countries from the so-called Schengen borderless area, which excludes Bulgaria and Romania for the moment. Bulgaria's Prime Minister Boyko Borisov earlier suggested his country could only agree on partial liberalization, with Turkish officials possibly being granted a waiver to enter Bulgaria.
Sunday's summit in Brussels is controversially perceived by some of the leaders who believe Europe is turning a blind eye on concerns it previously showed about the political situation and respect for human rights in Turkey for the sake of its own agenda.
The migrant crisis has resurfaced as problem for Europe after the November 13 attacks in Paris, with some of the suspects having arrived via Greece as part of the migrant flow.
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