The European Commission gives Greek Cyprus and Malta two months to explain the citizenship-for-investment scandals shown by Al-Jazeera

The European Commission has granted southern Cyprus and Malta a two-month period to explain the programs they grant citizenship for investment, and if not, legal proceedings against these countries will be initiated.
Greek news sources reported that the European Commission indicated that the “golden passport” programs for southern Cyprus and Malta do not comply with the principle of cooperation in good faith and that granting EU citizenship in exchange for investment / payment reduces the value of EU citizenship. The European Commission also notes that due to the nature of the European Union’s nationality, these regulations have consequences throughout the Union; it was indicated that if an EU member state granted citizenship, that person would automatically be a citizen of the European Union and could take advantage from all the rights of citizens of EU member states.