Germany in favour of including Saudi Arabia in EU financial blacklist

 Germany in favour of including Saudi Arabia in EU financial blacklist

BERLIN (Reuters) - Germany welcomes a decision by the European Union to add Saudi Arabia to a blacklist of nations that pose a threat because of lax controls on terrorism financing and money laundering, a spokesman of the finance ministry said on Wednesday.

The European Commission on Wednesday said it added Saudi Arabia, Panama, Nigeria to the blacklist.

(Reporting by Tassilo Hummel; editing by Thomas Seythal)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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Updated Date: Feb 15, 2019 01:05:18 IST