Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > EU eases Schengen visa rules for Turks; envoy urges further moves
    Finance

    EU eases Schengen visa rules for Turks; envoy urges further moves

    EU eases Schengen visa rules for Turks; envoy urges further moves

    Published by Global Banking and Finance Review

    Posted on July 18, 2025

    Featured image for article about Finance

    ANKARA (Reuters) -The European Union has eased rules for Turks to use its open-border Schengen area, the bloc's ambassador to Ankara said on Friday, calling for the urgent revival of negotiations on visa-free travel for Turks.

    For years, Turks have complained about the EU's visa system. The EU has said the processes - managed by accredited visa agencies - have been slow due to the high number of applications and that it is discussing possible workarounds with Ankara.

    Ambassador Thomas Hans Ossowski said the new rules would help address Turks' complaints over long bureaucratic processes, but warned it was not enough to permanently solve the problems.

    "It will be much easier and much faster for Turkish citizens," Ossowski told reporters in Ankara, referring to the European Commission's new decision, in effect since July 15, simplifying the path to multiple-entry visas for Turks.

    Turks who previously used visas correctly will be eligible for a six-month visa as early as their second application, followed by one-year, three-year and five-year multiple-entry visas.

    Turkey has been an EU membership candidate since 1999 but its accession process has been frozen for years over issues ranging from human rights to democratic backsliding. There have recently been signs of increased engagement and economic cooperation.

    Ossowski said the EU had for more than a decade offered Turkey the prospect of visa-free travel and stressed the need to return to the liberalisation process.

    "Every other candidate country has visa-free travel except Turkey," he said. "It is urgent to re-engage in this process of visa-free travel in the Schengen space and the EU," he added.

    The Commission is ready to restart formal negotiations after the summer and work with Ankara on fulfilling the six remaining benchmarks required by the visa liberalisation roadmap, he said.

    "We are ready, the Commission is ready to work closely with Turkish authorities," he said.

    (Reporting by Tuvan Gumrukcu. Writing by Ece Toksabay. Editing by Daren Butler and Mark Potter)

    Related Posts
    Germany removes dividend ban for Uniper, paving way for IPO
    Germany removes dividend ban for Uniper, paving way for IPO
    Golden Goose gets new majority owner as China's HSG buys stake from Permira
    Golden Goose gets new majority owner as China's HSG buys stake from Permira
    ECB's Escriva expects monetary policy to remain steady
    ECB's Escriva expects monetary policy to remain steady
    French government to appeal court ruling on Shein
    French government to appeal court ruling on Shein
    Russian central bank governor Nabiullina speaks after rate cut
    Russian central bank governor Nabiullina speaks after rate cut
    Strategy and bitcoin-buying firms face wider exclusion from stock indexes
    Strategy and bitcoin-buying firms face wider exclusion from stock indexes
    Carnival Corp sees strong annual profit, resumes dividend as bookings rise
    Carnival Corp sees strong annual profit, resumes dividend as bookings rise
    UK stocks muted near multi-week highs as retail sales, consumer sentiment sag
    UK stocks muted near multi-week highs as retail sales, consumer sentiment sag
    Italy sells digital payment unit PagoPA to Poste, state mint for up to 500 million euros
    Italy sells digital payment unit PagoPA to Poste, state mint for up to 500 million euros
    Court in Brazil's Minas Gerais slaps down Nestle copyright lawsuit
    Court in Brazil's Minas Gerais slaps down Nestle copyright lawsuit
    German court jails man for drugging, raping wife, posting assaults online
    German court jails man for drugging, raping wife, posting assaults online
    UniCredit issues its first tokenised structured note
    UniCredit issues its first tokenised structured note

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Finance

    Explore more articles in the Finance category

    UK competition watchdog to probe AB Foods' Hovis purchase

    UK competition watchdog to probe AB Foods' Hovis purchase

    Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'

    Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'

    Analysis-Spanish consumer credit hits near 18-year high on economic boom

    Analysis-Spanish consumer credit hits near 18-year high on economic boom

    NATO sees positive signs Czech ammunition scheme for Kyiv may continue

    NATO sees positive signs Czech ammunition scheme for Kyiv may continue

    Maersk tests Red Sea route as Gaza ceasefire offers hope

    Maersk tests Red Sea route as Gaza ceasefire offers hope

    Russia's tax proceeds from oil may fall in January to the lowest since 2022, Reuters calculations show

    Russia's tax proceeds from oil may fall in January to the lowest since 2022, Reuters calculations show

    French court rules against Shein suspension over sex doll sales, government to appeal

    French court rules against Shein suspension over sex doll sales, government to appeal

    No drop in military aid to Kyiv since US policy shift, NATO official says

    No drop in military aid to Kyiv since US policy shift, NATO official says

    How is Britain's government doing on its housing targets?

    How is Britain's government doing on its housing targets?

    Factbox-What are shipping companies' plans for return to Suez Canal?

    Factbox-What are shipping companies' plans for return to Suez Canal?

    Big central banks signal rate-cut cycle is ending

    Big central banks signal rate-cut cycle is ending

    Embraer's Eve makes maiden flight of 'flying car' prototype

    Embraer's Eve makes maiden flight of 'flying car' prototype

    View All Finance Posts
    Previous Finance PostPolish companies worried conditions were worse in Q2, central bank says
    Next Finance PostFour pro-Palestinian activists face 2027 trial over UK military base break-in