EU states have rejected a European Commission proposal to blacklist Saudi Arabia and four US territories on money laundering and terrorist financing grounds.
All 28 member countries' ambassadors blocked the move at a meeting in Brussels on Wednesday (6 March) in an unusual step, an EU source said.
The veto is to be formalised by EU justice and home affairs ministers on Thursday, forcing the commission to submit a new proposal later down the line.
The commission had called ...
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Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.