Cyprus and Malta are breaking EU law and facilitating crime by selling 'golden passports' to wealthy foreigners, the European Commission has said.
It cited chapter and verse of EU treaties on "sincere cooperation" and on the "integrity of EU citizenship" on Tuesday (21 October), while announcing legal action that could lead to fines.
"Granting citizenship for investment or other payments without a genuine link to the member state concerned undermines the essence of EU citizenshi...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login