Balkans | Albania suspends the golden passport scheme

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Balkans |  Albania suspends the golden passport scheme

Albanian Prime Minister Edi Rama has announced that he is suspending his country’s “golden passport” plan.

Speaking at the meeting of the European Union and Stability Council for Albania in the capital, Tirana on Thursday, at the joint press conference with European Commission Vice-President Josep Borrell and EU Commissioner for Neighborhood and Enlargement Oliver Farrelly, Rama said the “golden passport” that the Albanian government has endorsed in recent years . He said his plan was put on hold.

We have made it clear that we are suspending this process until the golden passport application is cleared up at the European level. We have not released this app. We’ve got it from the EU countries that have implemented it successfully.”

The European Union is highly critical of the “golden passport” practice, which grants citizenship to wealthy foreign investors in exchange for their investment in the country.

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