Malta and Cyprus should end their golden passport schemes, MEPs have said, while sounding an EU-wide alert on Russian money laundering.
The two member states, the only ones which sell their nationality, as well as the 18 others who sell residency permits, were urged to end the practice by MEPs in a plenary vote in Strasbourg on Tuesday (26 March).
The economic benefits of the schemes "do not offset the serious security, money la...
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Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.