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 European Union will recommend starting accession talks with Albania and the Republic of Macedonia, widening the bloc’s push into the Western Balkans, according to Enlargement Commissioner Johannes Hahn.
The Republic of Macedonia has been a candidate for EU membership since 2005 and has recently made a push to solve a name dispute with neighboring Greece that dates back to the independence of the former region of Yugoslavia in 1991. German Chancellor Angela Merkel said Wednesday that a solution “has never been as close as it is now.”
Albania, an EU candidate since 2014, “has done a lot in the fight against organized crime,” Hahn said.
The two countries will join Montenegro and Serbia, which started accession talks in 2012 and 2014, respectively, and could become members of the EU as early as 2025. Bosnia Herzegovina has applied but hasn’t been recognized as a candidate yet.
In the Welt interview, Hahn also said that the EU Commission will highlight “significant deficits” in the rule of law in Turkey in an upcoming report.
“The EU and Turkey should focus on the development of a strategic partnership and not on accession negotiations in the coming years,” he said, according to Bloomberg.
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European Commissioner for Internal Affairs, Ylva Johansson, has highlighted the pressing need for increased labor migration in the European Union
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
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