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Tag: european union

Cyprus to strip 26 people of citizenship acquired under investment programme

Cyprus is to strip 26 people of their golden passports acquired under an investment scheme after “mistakes” were made, Interior Minister Constantinos Petrides announced on Thursday. Petrides, who spoke to reporters after a Cabinet meeting, did not disclose the names or nationalities of those concerned but said that they included people cited in recent media reports. The small Mediterranean island has had a citizenship for investment scheme since 2013 allowing wealthy non-European individuals to get a foothold in the European…

Brexit bill paused after British MPs reject accelerated timetable

British MPs rejected Boris Johnson’s three-day Brexit legislation timetable by 322 votes to 308 on Tuesday evening. It’s a major blow to the UK prime minister’s wish to deliver Brexit by October 31. Johnson said after the motion to accelerate the deal failed that he would “pause” the Brexit legislation. Earlier, parliamentarians gave the Brexit legislation its first nod of approval in parliament, voting 329 to 299 to approve the second reading of the 110-page withdrawal bill. Johnson said earlier…