Despite Reform Efforts, Lebanon Is on the European Blacklist, and Financial Circles Are Surprised.
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This article was first published on Cedarnews.net. For more news and exclusive reports, visit our website. Financial circles were surprised by the European Union's move to blacklist Lebanon, despite the efforts being made to improve performance and recovery. This article was published on the Cedarnews news website. For more breaking news and exclusive reports, visit our official website.
The European Union announced Tuesday that the United Arab Emirates had been removed from the list of "high-risk" States in the area of money-laundering, but had added Monaco, Lebanon and Algeria, among others.
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