Fri, 01/25/2019 - 12:11
The EU Commission has warned of the security risks involved in granting citizenship without going through the proper procedures. Malta, Cyprus and Bulgaria are offering passports in exchange for cash or investments. This is facilitating money laundering and corruption, said EU Commissioner for Migration and Home Affairs Dimitris Avramopoulos, announcing standardised regulations by the end of the year. A long overdue measure, commentators observe.