EU against Cyprus and Malta, put end to 'golden passports'

Moving ahead with infraction procedure, responses in 2 months

10 June, 17:13

    (ANSAmed) - BRUSSELS, 10 GIU - The European Commission is calling on Cyprus and Malta to stop "selling" European citizenship to rich investors by putting an end to "golden passport" schemes.

    The EC told the governments of Cyprus and Malta that they have two months to respond to the requests and take the necessary measures.

    The start of the infraction procedure goes back to October 2020, when the EC sent both countries formal letters of notice.

    In the face of inadequate responses, Brussels decided to pass to the second phase with Cyprus, issuing a reasoned opinion, and sending a second and broader letter of notice to Malta, guilty of having instituted a new cash-for-passports scheme late last year.

    If the responses are insufficient, Brussels could refer Cyprus to the European Court of Justice and pass to the second phase of the procedure with a reasoned opinion against Malta.

    (ANSAmed).

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