Author: Niu Ltd

Staff Concluding Statement of the 2017 Article IV Mission

The Cypriot economy has achieved an impressive turnaround since the 2012-13 banking crisis . GDP growth has accelerated for three consecutive years; unemployment is on a declining trend; the underlying current account deficit has narrowed sharply alongside improved external price competitiveness; the fiscal balance has swung from a large deficit to a small surplus; emergency bank […]

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Entry-Exit System Adopted – Full Implementation Expected by 2020 

The European Council adopted two regulations on the establishment of an entry-exit system for the management of the Schengen Area’s external border. The entry-exit system is expected to contribute to reducing border check delays, better identifying over stayers and combating terrorism.  The situation On November 20, 2017, the European Council adopted two regulations on the […]

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Post-Brexit Immigration Scenarios

  The United Kingdom and the European Union are currently negotiating the UK’s Withdrawal Agreement from the EU.  One of the key issues in the UK’s Withdrawal Agreement from the European Union is the determination of the rights of 3.5 million EU nationals currently living in the UK and 1.2 million UK nationals currently living […]

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Citizenship of the European Union

  Citizenship without a State   Although the EU is not a state, it boasts a citizenship like many others, established more than 20 years ago by the Treaty of Maastricht. This citizenship allows the Union to distinguish between ‘European citizens’ and foreigners, termed ‘third-country nationals’ in contemporary Eurospeak. By law, every national of each […]

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Government Approves Law on Recruitment and Employment of Foreign Professionals

Executive Summary A new law will likely benefit eligible foreign professionals and their dependents through preferential provisions relating to visas, work permits and residency rights. The effective date is yet to be decided. Key changes include longer work authorization validity periods, a new streamlined work permit category, more options for permanent residence for relatives and […]

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