The EU, last week, told a black-and-white tale of 20 sinful states who posed a money-laundering threat to Europe's law-abiding single market.
But the real story of the EU and money laundering is more complicated.
And the EU's new dirty-money blacklist revealed more by its omissions than by its inclusions.
The 20 countries that posed a "high risk" of injecting criminal or terrorist funds into the single market were Back our independent journalism by becoming a supporting memberGet EU news that matters
Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.
Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.