EU delays Bulgaria, Romania passport-free decision

EU

The European Union on Thursday dismissed Bulgarian and Romanian calls to join Europe’s Schengen passport-free zone, delaying any vote on the issue until at least the end of this year. The 27-state EU bloc “decided to address this issue again by the end of 2013 with a view to considering the way forward,” said a statement issued after a meeting of EU justice and home affairs ministers. At the weekend, Germany had warned that it would veto Romania and Bulgaria joining the 26-country passport-free Schengen area if they pushed the issue at the meeting in Brussels. Any move to expand the Schengen area, home to 400 million Europeans who can cross national jurisdictional borders without passports, needs a unanimous vote.

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.