The move shows the EU’s frustration with the country that is facing financial collapse
A demonstrator carries a national flag along a blocked road during a protest against the fall in Lebanese pound currency and mounting economic hardships in Beirut, Lebanon, March 2021. Picture: REUTERS/MOHAMED AZAKIR
No names have been discussed and Hungary has publicly denounced EU efforts to pressure Lebanese politicians, but six diplomats and officials said that technical work has now begun on preparing sanctions — “designation criteria” — after EU foreign ministers agreed on Monday to take action. “The level of impatience with the ruling class is growing. They don’t seem to have their peoples’ interest at heart. Expect to see a decision in the next three to four weeks,” said a senior EU diplomat.
However, officials say it is usual at the technical, preparatory stage that countries remain circumspect and that once a political agreement among EU governments is in place, they will rally around France.
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