Visa requirements for European Union citizens

Aviapartner Became Leader in Airport Ground Services in Spain

Retrieved on: 
Tuesday, October 10, 2023

Aviapartner is the big winner of the tender round for Airport Ground Services in Spain.

Key Points: 
  • Aviapartner is the big winner of the tender round for Airport Ground Services in Spain.
  • Aviapartner will offer their services in 12 of the 15 largest Spanish airports, including Madrid, Barcelona, Valencia, Málaga and Alicante.
  • The Collective Labor Agreement (CLA) for Airport Ground Services in Spain obliges the new license holders to take over the workforce of the previous operators in each airport.
  • Aviapartner also got confirmed it will be providing Airport Ground Services at the airport of Munich for the next seven years, replacing Swissport.

Momentum Ventures Expresses Concerns About European Union's 2024 Travel Permit Requirement for Canadian and US Travelers

Retrieved on: 
Thursday, August 3, 2023

Momentum Ventures, the venture studio behind online travel agencies Flighthub.com and Justfly.com, has raised apprehensions regarding the European Union's latest travel mandates.

Key Points: 
  • Momentum Ventures, the venture studio behind online travel agencies Flighthub.com and Justfly.com, has raised apprehensions regarding the European Union's latest travel mandates.
  • Beginning in 2024, Canadian and American travelers bound for Europe will be obligated to register and pay a 7 Euro fee to acquire a travel permit through the European Travel Information and Authorization System (ETIAS).
  • Matt Keezer, CEO of Momentum Ventures, expressed, "The new travel requirements posed by the European Union are concerning.
  • Momentum Ventures remains steadfast in its commitment to deliver efficient and enjoyable travel experiences, prioritizing the interests and comfort of its customers.

The Passport Index points to declining fortunes for Asian superpowers India and China

Retrieved on: 
Wednesday, March 29, 2023

India is currently ranked 67th in the Passport Index's individual rankings.

Key Points: 
  • India is currently ranked 67th in the Passport Index's individual rankings.
  • China, which only recently dropped wide-ranging Covid-19 restrictions on travel, continues to underperform in comparison to other economic giants like the USA and Germany.
  • It is currently ranked 118th in the Passport Index individual rankings, a low score considering its global economic influence.
  • Both China and India have seen their passport mobility slump, however we believe that the effects of China's reopening have not yet been fully realised.

The Passport Index points to declining fortunes for Asian superpowers India and China

Retrieved on: 
Wednesday, March 29, 2023

India is currently ranked 67th in the Passport Index's individual rankings.

Key Points: 
  • India is currently ranked 67th in the Passport Index's individual rankings.
  • China, which only recently dropped wide-ranging Covid-19 restrictions on travel, continues to underperform in comparison to other economic giants like the USA and Germany.
  • It is currently ranked 118th in the Passport Index individual rankings, a low score considering its global economic influence.
  • Both China and India have seen their passport mobility slump, however we believe that the effects of China's reopening have not yet been fully realised.

Fineqia's EEA Unit Receives Approval of Base Prospectus for Issuing Exchange Traded Notes (ETNs)

Retrieved on: 
Monday, March 27, 2023

Fineqia AG is domiciled in Liechtenstein, which is a member of the European Economic Area (EEA).

Key Points: 
  • Fineqia AG is domiciled in Liechtenstein, which is a member of the European Economic Area (EEA).
  • "The approval process was rigorous, and we're pleased to have met the regulator's criteria for the approval of a base prospectus."
  • Exchange Traded Products (ETPs) are an overall category that can include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs), each of which require specific approval.
  • Notification of the base prospectus approval can be viewed at the FMA's website at https://www.fma-li.li/en/ .

Fineqia's EEA Unit Receives Approval of Base Prospectus for Issuing Exchange Traded Notes (ETNs)

Retrieved on: 
Monday, March 27, 2023

Fineqia AG is domiciled in Liechtenstein, which is a member of the European Economic Area (EEA).

Key Points: 
  • Fineqia AG is domiciled in Liechtenstein, which is a member of the European Economic Area (EEA).
  • "The approval process was rigorous, and we're pleased to have met the regulator's criteria for the approval of a base prospectus."
  • Exchange Traded Products (ETPs) are an overall category that can include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs), each of which require specific approval.
  • Notification of the base prospectus approval can be viewed at the FMA's website at https://www.fma-li.li/en/ .

Press release - Member states must stop selling EU passports immediately, MEPs demand

Retrieved on: 
Friday, October 23, 2020

EU citizenship cannot be traded as a commodity, according to a majority of speakers, who want to end the golden passports schemes currently in place in some member states.

Key Points: 
  • EU citizenship cannot be traded as a commodity, according to a majority of speakers, who want to end the golden passports schemes currently in place in some member states.
  • MEPs underlined that granting EU citizenship to third-country nationals without proper checks and transparency has negative consequences in other member states, eroding mutual trust and undermining common values.
  • Cyprus, Malta, and Bulgaria are the three EU countries where it is possible to get citizenship in exchange for an investment, the so-called golden passports.
  • In January 2019, the European Commission established a group of experts with representatives from all EU member states to develop common standards and guidelines in this area.

Press release - EU-US visa reciprocity: the Commission must defend the rights of all EU citizens

Retrieved on: 
Thursday, October 22, 2020

According to EU legislation, if a third country does not lift visa requirements within 24 months of being formally notified of a situation of non-reciprocity, the EU Commission must adopt a legal act suspending the visa waiver for its nationals for 12 months.

Key Points: 
  • According to EU legislation, if a third country does not lift visa requirements within 24 months of being formally notified of a situation of non-reciprocity, the EU Commission must adopt a legal act suspending the visa waiver for its nationals for 12 months.
  • Both the European Parliament and Council could object to such an act (Article 290(2) of the Treaty).
  • Parliament already asked the Commission to comply with the rules in a plenary resolution adopted in March 2017.
  • Respecting the fundamental principle of solidarity among EU members, we call on the Commission to act as established in European legislation and table a proposal to suspend the visa waiver for US nationals.