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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq A-Awsat

EU, Other Nations Warn Lebanese Officials on Worsening Economic Crisis

A man walks near metal barriers as they close a road leading to the parliament building in Beirut, Lebanon January 20, 2023. REUTERS/Aziz Taher

The European Union and seven other countries said in a joint statement on Thursday that Lebanon “faces one of the worst economic crises in modern history” and called for “meaningful reforms.”

“This month marks one year since Lebanon reached a Staff-Level Agreement (SLA) with the International Monetary Fund (IMF),” said the Ambassadors of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the EU in Beirut in a statement.

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