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Chairman George Erwin Garcia on Monday said he had no knowledge of Defense Secretary Gilberto Teodoro’s supposed Maltese ...
BRUSSELS - The European Commission launched infringements procedures Tuesday against Cyprus and Malta over their “golden passport” programs, in which wealthy people can acquire EU citizenship ...
The island’s programme is broadly similar to Cyprus’ citizenship by investment scheme, but Malta’s lower threshold (€650,000, against Cyprus’s €2.5 million) could make the smaller ...
Last year, the European Commission launched infringement procedures against Malta and Cyprus over their schemes, noting that applicants benefited from EU citizenship without having established ...
EU takes legal action against Cyprus, Malta over passport schemes European Commission begins legal process, saying citizenship through investment schemes undermine essence of EU citizenship.
BRUSSELS — Cyprus and Malta will face European Union penalties if they do not abandon lucrative programs that sell “golden passports” to foreigners, the bloc says, a long-anticipated ...
Protesters called for the resignation of Cyprus’ Parliamentary Speaker Demetris Syllouris amid corruption allegations involving the country’s now defunct citizenship-for-investment program.