On Tuesday 7 November, the Luxembourg finance minister, Pierre Gramegna, notified his colleagues that he was unwilling to see a sanctions list to accompany the future European blacklist (see EUROPE 11898). According to our information, he is reported to have said that featuring on the list was a sufficient deterrent in itself.
His announcement shortly followed that made upon his arrival by the French finance minister, Bruno Le Maire, who proposed that jurisdictions on the list be stripped of...