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Lebanon in the midst of unrest and economic collapse, Borrell warns of EU sanctions on leaders
Senior European Union diplomat Josep Borrell has criticized Lebanese politicians for delays in forming a new cabinet, following massive resignations following the massive Beirut bombing.
Borrell met today with Lebanese President Michel Aoun. He warned that the EU could impose sanctions on those behind the political stalemate in Lebanon, which is currently ravaged by economic and political unrest.
Speaking at the presidential palace in Beirut, Borrell said the turbulent situation in Lebanon was "self-imposed".
"It is not a crisis coming from outside or from external factors. It is a self-inflicted crisis and the consequences [for] the population are dire. An unemployment rate of 40% and more than half of the population living in poverty.
The Lebanese leadership must assume its responsibility and adopt the necessary measures without delay. "A government must be formed and key reforms implemented immediately ," Borrell said
He also added that Lebanon had to secure an agreement with the International Monetary Fund to get out of the financial collapse. Lebanon's economic crisis was caused by corruption and mismanagement.
Source: Euronews