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EU deals Tunisia another heavy blow

The Tunisian government is embarking on a series of measures to persuade the European Parliament to back down on its Feb. 7 decision to add Tunisia to the blacklist of countries at "high risk" of money laundering and terrorist financing.
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TUNIS, Tunisia — The European Parliament has added Tunisia to its list of countries at “high risk” of money laundering and terrorist financing. The Feb. 7 measure raised public and official discontent. Tunisia Central Bank Gov. Chadli Ayari submitted his resignation hours before a vote on his dismissal on Feb. 15. The following day, World Bank official Marouane Al Abbasi was appointed by the Tunisian Parliament as his successor.

Article 78 of the Tunisian Constitution states that the Central Bank governor — who enjoys the capacities of a minister — shall be dismissed upon a proposal by the prime minister following the approval of the absolute majority of Tunisian members of parliament, or under the request of one-third of Tunisian parliamentarians and the approval of the absolute majority of the members.

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